NEXIM MD Demands Increase Of Export Products To 44

nexim-md-demands-increase-of-export-products-to-44

Managing Director of the Nigerian Export-Import Bank (NEXIM), Abba Bello has stressed the need to widen the nation’s export product basket from the present eight commodities to about 44. He said the ‘One State, One Product’ initiative of the bank is a pointer to the fact that Nigeria has enough potentials to profitably compete in the global nonoil export market.

He decried the instances where the country had lost so much revenue due to the nature and form of its exported commodities. Some Nigerian products have been facing rejection at international market for failure to measure up to international standards. Mr Bello made the remarks when he paid courtesy visit to Governor of Nasarawa State, Engr Abdullahi Sule, recently.

Managing Director of the Nigerian Export-Import Bank (NEXIM), Abba Bello has stressed the need to widen the nation’s export product basket from the present eight commodities to about 44. He said the ‘One State, One Product’ initiative of the bank is a pointer to the fact that Nigeria has enough potentials to profitably compete in the global nonoil export market. He decried the instances where the country had lost so much revenue due to the nature and form of its exported commodities.

Some Nigerian products have been facing rejection at international market for failure to measure up to international standards. Mr Bello made the remarks when he paid courtesy visit to Governor of Nasarawa State, Engr Abdullahi Sule, recently.