The Federal Ministry of Industry, Trade and Investment has reaffirmed its commitment to addressing the regulatory and bureaucratic challenges hindering Nigeria’s export sector.

This promise was made by the Minister, Dr. Jumoke Oduwole, during a ministerial export consultation held in Lagos.

Dr. Oduwole applauded the top 100 exporters who have contributed significantly to the growth of the economy.

She emphasized the importance of exports in driving economic growth, creating jobs, and enhancing foreign exchange earnings.

The Minister called for collaboration amongst agencies and exporters to make the economy work.

“We’re determined to make sure that the regulatory and bureaucratic challenges are systemically addressed,” Dr. Oduwole said.

She encouraged exporters to take advantage of Nigeria’s economic potential and pledged the government’s commitment to creating an enabling environment for export growth.

The Minister noted that the ministry’s support is not only for Nigerian exporters of goods and commodities but also for exporters of services.

She highlighted the potential of digital trade, stating that Nigeria is poised to become a leading force in this area.

The Permanent Secretary, Ministry of Industry, Trade and Investment, Nura Abba Rimi, emphasized the importance of stakeholders’ consultation engagement in strengthening Nigeria’s export sector.

He encouraged frank discussions, innovative thinking, and the sharing of success stories to inspire new strategies for sustainable growth.

The Comptroller-General of the Nigerian Customs Service (NCS), Adeniyi Wale, urged exporters to drive Nigeria’s economic growth.

He commended exporters for their contributions to the country’s economy and called for increased momentum in export growth.

The Nigerian economy is moving in the right direction, with a slight increase in GDP from 3.9 to 4.2.

The growth is attributed to the efforts of exporters, and the NCS has pledged its support in addressing challenges facing the export sector.