NEPC boss harps on export incentives to keep companies afloat

Jennifer Inah, Abuja

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The Executive Director/CEO of Nigerian Export Promotion Council (NEPC) Dr. Ezra Yakusak has reiterated the significant impact of Export Incentives in keeping exporting companies in business.


Dr. Ezra disclosed this while receiving in his office a delegation of the Manufacturers Association of Nigeria Export Group (MANEG) led by its Chairman Mr Ede Dafinone in Abuja.


According to him “Without the Export Expansion Grant (EEG) Scheme, a lot of companies would have gone moribund”.


“These incentives such as the Export Development Fund (EDF) among others have over the years, helped to keep exporting companies afloat particularly Small and Medium Entrepreneurs”. 


Dr. Ezra stated that the promotion of the creative industry particularly music and movies is indeed desirable given the impact of Nigerian music and films in the international market as well as the positive image it generates for the country.


Chairman, Manufacturers Association of Nigeria Export Group, Mr Dafinone requested the support of the Council in retooling the process of payment of the Export Expansion Grant scheme by monthly instalments in order to reduce delay in processing and payment of EEG claims to beneficiaries.


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