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Home Economy/Technology

Why more Nigerians should embrace exportation – NAHCO

Export

The Matters Press by The Matters Press
January 8, 2024
Reading Time: 2 mins read
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Nigeria targets $1.2bn export capacity for every state

Lagos, Jan. 8, 2024: The Nigerian Aviation Handling Company Plc (NAHCO) on Sunday advised the nation’s entrepreneurs to explore huge opportunities in Agro produce exportation where Nigeria has enormous potential,

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Indranil Gupta, Group Managing Director (GMD)/Chief Executive Officer, NAHCO, at an interactive session with aviation journalists in Lagos, urged more Nigerians to embrace exportation to reverse the import dependence trend.

Gupta said there was high craving for Nigerian agro produce in African countries but the supplies were not enough, hence the need for more Nigerians to go into export to bridge the gap.

He advised Nigerians to begin with export to Africa and extend to the rest of the globe to create wealth and grow the nation’s Gross Domestic Product (GDP).

He said citizens should seize both the inter and intra continental opportunities, but start from the African market.

“Nigeria can be the breadbasket of this continent. Producers must recognize the rich potential in both intercontinental and intracontinental trade,“ he said.

He said NAHCO recently unveiled its export processing centre in Lagos to provide a one- stop shop to help farmers complete processes needed for export.

The GMD said the facility in Lagos was the first of five of such centres that would also be developed in Abuja, Port-Harcourt, Enugu, and Kano to boost Nigeria’s export policy.

He said centres, which would benefit all geopolitical zones in Nigeria,would enhance the country’s export drive and standardise the nation’s export processing system.

Gupta said Nigeria had fertile land and great farming potential, but there was need to adopt strategies to add value to agricultural produce for acceptability of brands, to increase the market value chain.

He said NAHCO was providing a platform for linking farmers and middlemen to export markets, adding that Nigeria’s cargo was currently nearly 95 per cent import dependent.

The GMD said exporting provided opportunity for foreign exchange earnings for the nation.

Gupta also expressed hope that the purchasing power of Nigerians would improve, to increase air passengers traffic in the nation, which would also impact exportation positively.

He admitted that the economic downturn affected Ground Support Equipment (GSE) investments.

Gupta said NAHCO was planning to invest a billion Naira in cargo export, focusing on five major airports.

He also said that there were collaborative efforts with security agencies towards tackling crime and criminality.

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