The Nigerian Export Promotion Council Decree No. 26 of 1976 established the Council for the Promotion of Export, which was eventually elevated to the status of an Act. This decree had been previously issued as a decree. To increase the overall effectiveness of the Council, Decrees Nos. 64 and 65 of 1992, collectively known as the Nigerian Export Promotion Council (Amendment) Decrees, were passed into law. The Council is the primary government organization in the Federal Republic of Nigeria tasked with fostering non-oil-related exports from Nigeria. The Council is in charge of this obligation. This aspires to transition the economy away from its dependency on crude oil and advance as a powerful competitor. All of the initiatives aimed at promoting exports in the nation must be coordinated and supervised by NEPC. It oversees the administration of the procedures for allocating grants and other incentives related to boosting and promoting exports. To advise the government on issues about export policies, it also conducts research on the state of the economy today, with a focus in particular on trends in the export industry. It is accessible through https://nepc.gov.ng, the council’s official website.
This is a thorough essay about the Nigerian Export Promotion Council and other information you need to know. Whether you’re looking to use the services provided by the commission or are just curious about the organization and everything it can do for you.
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Businesses cooperating with this organization
The council works mostly with exporters in the territory, who are the main targets of the services it offers. However, to promote the export industry, it collaborates with other governmental agencies and foreign businesses invested in the import and export market.
Services offered
NEPC was founded to act as a driving force behind the diversification of the Nigerian economy by broadening and boosting non-oil exports. It provides technical support in areas such as export procedures and documentation, transportation, quality control, export packaging, costing and pricing, publicity, etc. It provides the following services:
- Promotion of exports, market research, and competitive intelligence
- Communicate and support the implementation of export policies and programs established by the government.
- Gather information on products available for export and disseminate such knowledge to potential exporters
- Provide international market knowledge to local export goods producers.
- Train its employees and help the export community establish a skilled workforce
- Organize and plan participation in trade fairs and exhibitions
- Participate in the promotion and publicity of exports, etc
Description of the organization
NEPC is in charge of marketing exports from Nigeria, performing market research, and supplying exporters with intelligence. The council is the main entity in charge of the promotion, development, and diversification of exports. Throughout the years, it has made great efforts to fulfill its mission by coordinating and harmonizing efforts in the country to develop and promote exports, and maintaining the driving force behind programs. It also works with organizations involved in international trade to promote collaboration and capacity building. The council is continually working towards the simplification and streamlining of export procedures and documentation. It continues to be the driving force behind the development of suitable incentives.
Official website
The official website for the council is https://nepc.gov.ng/. You can always check out the website for more information about NEPC and how to access its services.
Cooperation with businesses
NEPC encourages firms to take advantage of the numerous export opportunities and financial incentives available to them by providing them with education as well as assistance in doing so. It makes sure that business investments and export expansion programs are not difficult for enterprises to get their hands on. In addition to this, it provides training and assistance in the form of technical services to small enterprises regarding the increase and the fulfillment of regulatory requirements.
