shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » Nigeria To Move Away From Dependence On Crude Oil —NEPC

Nigeria To Move Away From Dependence On Crude Oil —NEPC

by Joshua
June 16, 2021
in Featured

The Nigerian Export Promotion Council (NEPC) says Nigeria will soon move away from total dependence on crude oil to exporting non-oil resources and products.

Mr Joe Itah, the Regional Coordinator of the Council, South-South, said this during a One-Day Round Table Stakeholders’ forum on Cassava and Palm Producers in the Non-Oil Exports Sub-Sector in Yenagoa on Tuesday.

He said “The spate of economic uncertainties around the most economies of the world has shown us that it is time to really sit up and seek to do things differently to enhance the economy.

“It is in pursuit of this goal that the Nigerian Export Promotion Council (NEPC) established the One-State-One-Product project which in itself is an offshoot from the Zero Oil Plan Initiative.

“The Zero Oil plan is a Federal Government driven economic arrangement enshrined within the Economic Recovery and Growth Plan (ERGP) to develop and promote 22 choice products where Nigeria has competitive advantage for export.

“It was first introduced in 2016 to lift the nation out of the then recession.

“Presently, the initiative is an integral part of the Nigerian Export Economic Sustainability Plan (NESP).”

Itah identified the main product in Bayelsa as cassava, with palm oil as an alternate product.

He added that “But there are few more other products of interest in Bayelsa that could do well in export including sea foods and rice among others,” he added.

Read Also: Nigeria’s Agric Imports Exceed Exports By N503bn – NBS

In his presentation, Mr David Alagoa, the Commissioner for Agriculture and Rural Development, said what they needed was setting a task force for all exporters to follow.

He said one of the focuses with export was that one must register his or her company to make the person a businessman or woman.

“For you to go into exporting mode you must do a research before venturing into such a business, knowing the markets to export your goods.

“You must not start big in a business, but you can start small, for you to grow it gradually before it becomes what you want it to be.

“People are exporting all sort of things, the leaves they wrap moimoi with, brooms are selling abroad twenty time what they cost here, back of cannel shell can be exported also,” he said.

In her speech, Ms Patience Abah, the Permanent Secretary, Ministry of Commerce and Industry, said the Bayelsa government was ready to partner private sector to enhance economic development.

She commended the organisers of the forum, saying that it was a welcome development for Bayelsa exporters.


Tags: NEPCSocietyStakeholders

Related Posts

NAGAFF Urges Freight Forwarders to Boost Weekend Bookings, Suspends Planned Strike

NAGAFF Urges Freight Forwarders to Boost Weekend Bookings, Suspends Planned Strike

July 9, 2026
GreenPath Africa Targets 500 Young Nigerians for Climate Jobs at Careers Festival

GreenPath Africa Targets 500 Young Nigerians for Climate Jobs at Careers Festival

July 9, 2026
Senate To Remove NPA, NIMASA, Others From Annual Budgetary Allocations

Senate Approves Customs’ 2026 Budget, Backs N11.074trn Revenue Target

July 9, 2026
IMO Secretary-General Calls For Urgent Release Of 44 Seafarers Held By Pirates

IMO Secretary-General Condemns New Attacks On Ships In The Strait Of Hormuz

July 9, 2026

Discussion about this post

Latest News

NAGAFF Urges Freight Forwarders to Boost Weekend Bookings, Suspends Planned Strike

NAGAFF Urges Freight Forwarders to Boost Weekend Bookings, Suspends Planned Strike

July 9, 2026

GreenPath Africa Targets 500 Young Nigerians for Climate Jobs at Careers Festival

Senate Approves Customs’ 2026 Budget, Backs N11.074trn Revenue Target

IMO Secretary-General Condemns New Attacks On Ships In The Strait Of Hormuz

Navy Busts Illegal Crude Oil Storage Network In Rivers

OPINION: Protecting Public Health Through Strategic Anti-Smuggling Enforcement

PHOTO NEWS: Starzs Investments Company Limited Empowers Host Communities

Presidential Council Ranks NCS Among Top Trade Facilitation Agencies

NPA Records 4.4% Rise In Cargo Throughput At Apapa Port In 2025

Miners Seek Stronger Border Security To Curb Mineral Smuggling

Navy Busts Illegal Refinery, Seizes 205,680 Litres

Vessels Expected At Lagos Ports As At 8th July, 2026

kindly like our Facebook page

Health

Prostate Health Awareness Message Men Must Read
Health

Prostate Health Awareness Message Men Must Read

June 15, 2026

Background on prostate health Everyone has a pair of kidneys. The job of the kidney is to remove waste. It...

JUNE SPECIAL FOCUS ON MENS HEALTH ISSUES

JUNE SPECIAL FOCUS ON MENS HEALTH ISSUES

June 8, 2026
Health Benefits And Side Effects Of Bitter Kola

Health Benefits And Side Effects Of Bitter Kola

June 8, 2026
NCDC Places States On High Ebola Preparedness Alert Over Importation Risk

NCDC Places States On High Ebola Preparedness Alert Over Importation Risk

June 1, 2026
It’s The Season Of Corn

It’s The Season Of Corn

June 1, 2026
Ovarian Cancer: Why Nigerian Women Are Dying In Silence

Ovarian Cancer: Why Nigerian Women Are Dying In Silence

May 18, 2026
Beware: ‘Agbo’ Can Kill Asthmatics, Inhalers Save Lives — Pulmonologist

WARNING: No Amount Of Sex, Special Diet Can Prevent Prostate Cancer

May 11, 2026
Beware: ‘Agbo’ Can Kill Asthmatics, Inhalers Save Lives — Pulmonologist

Beware: ‘Agbo’ Can Kill Asthmatics, Inhalers Save Lives — Pulmonologist

May 11, 2026
Why Nigerians Must Reduce Excessive Salt Intake – Public Health Expert

Why Nigerians Must Reduce Excessive Salt Intake – Public Health Expert

May 4, 2026
Nigeria, 9 Others Account For 70% Global Hepatitis B deaths —WHO

Nigeria, 9 Others Account For 70% Global Hepatitis B deaths —WHO

May 4, 2026

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Editorial Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition