The Federal Government has commenced fresh efforts to resolve outstanding claims under the Export Expansion Grant scheme amounting to N330bn and establish a sustainable framework for supporting Nigerian exporters.
The Nigerian Export Promotion Council is coordinating the process with the Manufacturers Association of Nigeria Export Group and other stakeholders following a directive by the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole.
The NEPC Executive Director/Chief Executive Officer, Nonye Ayeni, disclosed this on Thursday at a stakeholder engagement on the EEG scheme held at the council’s headquarters in Abuja.
Ayeni said the meeting was convened to address outstanding liabilities, examine the challenges affecting the scheme and develop practical recommendations for its restructuring.
She said the government’s renewed focus on non-oil exports made it necessary to restore confidence in the incentive framework.
In her welcome remarks, Ayeni said, “The EEG has historically served as an important instrument for supporting Nigerian
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