In order to work a mutual beneficial relationship on how best
to apply the N550 billion budget for export by the Central Bank of Nigeria, The
Nigerian Export Import Bank (NEXIM) have held a stakeholders engagement meeting
in Lagos, South West Nigeria. The engagement, which centred on the
implementation strategy had in attendance stakeholders from both the CBN, NEXIM Bank, Exporters among others.
Addressing the participants, Bashir M. Wali, AG. Managing Director/Chief
Executive, Nigerian Export Import Bank said the aim was to obtain strategic
inputs and share perspectives towards achieving the nation’s common objective
of diversifying the Nigerian economy as well as improving and broadening the
contribution of the non-oil export sector to national development.
The CBN Director of Development Finance, Dr. Mudashir A.
Olaitan, said the fund would support
export of goods wholly or partly processed or manufactured in Nigeria; export
of commodities and services, which were permissible and excluded under the
existing export prohibition list.
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