Ogun Assures Exporters Of Getting FG's Grant To Boost Businesses - EDU-BIZNEWS


Tuesday, March 2, 2021

Ogun Assures Exporters Of Getting FG's Grant To Boost Businesses

Ogun State Government has assured eligible exporters of getting adequate support, to enable them benefit from the Federal Government's N50Billion Export Expansion Facility, to ease their operations  in the state

The Federal Government is expected to release its guidelines for the N50billion grant, to cushion the effects of COVID-19 pandemic on exporting businesses  in the country

The State Commissioner for Industry, Trade and Investment, Mrs. Kikelomo Longe gave the assurance in Abeokuta during a recent meeting of the State Committee on Export Promotion.

Longe said that the Ministry was working with the Nigerian Export Promotion Council (NEPC) and various Business Membership Organisations in the State, with the aim  of increasing its volume of processed and exported products.

She charged the Council to complete the 2021 workplan for the State Committee on Export Promotion to deliberate upon and approve.

Her words,"We are already getting started with our preparations, while we expect the release of guidelines. We are working with the NEPC and we have been communicating with Business Membership Organisations (BMOs). We will mobilise and provide all necessary support to ensure exporters optimally benefit from the Export Expansion Facility".

The Commissioner urged exporters who require more information on the stimulus package to contact the Ministry and the NEPC at Block B, State Secretariat, Oke-Mosan, Abeokuta.

Also speaking, the Permanent Secretary in the Ministry and Chairman of the Export Promotion State Committee, Mr. Olu. Ola. Aikulola charged all stakeholders to brace up at ensuring the State takes maximum advantage of the Export Expansion Facility.

Aikulola also underscored the need to fine-tune the workplan on the Facility to ensure that exporters in the State optimally benefit from the government’s intervention.

Speaking earlier, the Trade Promotion Advisor/Head, NEPC Abeokuta Smart Office, Mr. Samson Idowu assured of prompt implementation of the issues raised on the work plan. 

He called on the State government to intensify efforts on the Export Expansion Facility before the guidelines are issued, so as to enable the State optimally benefits from the Federal Government’s intervention.

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