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Group urges SMEs in Ebonyi to amplify Economic activities for Global Relevance

Victor Odeyemi by Victor Odeyemi
August 22, 2022
in Business, News
0
Group urges SMEs in Ebonyi to amplify Economic activities for Global Relevance

NEPC

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The Nigerian Export Promotion Council (NEPC) has urged entrepreneurs in Ebonyi to amplify their economic activities to become major global players in the export of their products.

The Trade Promotion Advisor, Mr Emmanuel Unanam, Abakaliki Export Assistance Office of the council gave the advice in Abakaliki on Friday at a one day seminar for Small and Medium Enterprises (SMEs) in the state.

Unanam claimed that while SMEs in Ebonyi participated in a variety of export-related activities and procedures, they had not contributed as effectively as they could have to the current economic diversification effort.

“SMEs in different products value chain in the state can also increase their activities to become major global players in the export of their products.

“The NEPC has made concerted efforts at stopping over-dependence of the Nigerian economy on oil through commitment to export diversification.

“This prompted the articulation of its zero-oil plan initiative which main purpose is to have an economy that does not depend on oil to survive.

“The current export for survival campaign of the council is premised on massive production of pre-qualified and selected products (primary, semi-processed and processed) products,” he said.

He noted that the seminar could place the SMEs in the state as players in non-oil export businesses, suppliers to export merchants and direct marketing.

“We assure you of always working with SMEs and other critical stakeholders to achieve our collective dream of a vibrant and sustainable economic growth through non-oil exports,” he said.

Mrs Christiana Ukwuta, Permanent Secretary of the state Ministry of Commerce and Industries, applauded the NEPC for the seminar, noting that the state government would always identify with such ideals.

“The state government realises the importance of SMEs in developing its economy as it offers them several interventions such as empowerment initiatives, funds to commence businesses among others,” she said.

Mr Dick Dike, an official of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), said the agency would always advance the diversification of the nation’s economy from the oil sector.

The News Agency of Nigeria (NAN) reports that the theme of the programme was ‘Exploring non-oil export opportunities in Ebonyi for economic survival’.

The participants received instruction on topics, one of which includes stimulating export investments among SMEs in Ebonyi.

Additionally, they received education on how to improve SME export capabilities through, among other things, appropriate financial support packages and facilities.

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