Sterling Bank Limited has thrown its weight behind Nigeria’s non-oil trade expansion drive by hosting the second edition of its “Excel in Non-Oil Export” Forum in Lagos to accelerate the country’s transition to a globally competitive industrial powerhouse.
The forum, co-convened with Sunbeth Global Concepts Limited under the theme “Reclaiming Sovereignty: Value Addition, Compliance, and the Future of Nigeria’s Non-Oil Export,” gathered leading exporters, policymakers, regulators and financial experts to address the structural shifts required to maximise the country’s trade potential.
Delivering the opening address, the Divisional Head, Commercial Banking at Sterling Bank, Akporee Idenedo, emphasised the urgent need for a paradigm shift.
“We are still exporting potential instead of full value,” Idenedo noted. “For example, while Nigeria is the fourth largest producer of cocoa beans globally, earning billions in export value, the finished chocolate market is an even bigger market that has not been fully maximised. For the non-oil
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