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Nigerian Export Promotion Council

The Nigerian Export Promotion Council (NEPC) was established through the promulgation of the “Nigerian Export Promotion Council Decree No. 26 of 1976”, now an Act in line with the democratic governance of the Country.[1]

This Act was amended by Decree No. 72 of 1979 and further amended by the Nigerian Export Promotion Decree No. 41 of 1988 and complemented by the Export (Incentives and Miscellaneous Provisions) Decree No. 18 of 1986.[2]

Furthermore, the Nigerian Export Promotion Council (Amendment) Decree No. 64 and 65 of 1992 was promulgated to enhance the performance of the Council.

The Council is the leading Federal Government Agency charged with the responsibility of promoting non-oil export in Nigeria to diversify away from oil and build a formidable economy headquartered in Abuja, FCT No.40 Blantyre Street, Wuse II.[3][4]

History edit

The Nigerian Export Promotion Council] (NEPC)[5] was established through the promulgation of the Nigerian Export Promotion Council Decree No. 26 of 1976 and was formally implemented in March 1977.[6] The act was amended by Decree No. 72 of 1979 and further amended by the Nigerian Export Promotion Council Decree No. 41 of 1988. Appended to the law was the Export (Incentives and Miscellaneous Provisions) Decree No. 18 of 1986, as well as the Nigerian Export Promotion Council Amendment Decree No. 64 of 1992.

The last was authored to enhance the performance of the council by minimizing bureaucratic bottlenecks and increasing autonomy in dealing with members of the organized private sector. The Council has a governing board drawn from both the public and private sectors.

Mission and functions edit

To spearhead the diversification of the Nigerian economy by expanding and increasing non-oil exports for sustainable and inclusive economic growth.[7]

  • To promote the development and diversification of Nigeria's export trade.
  • To assist in promoting the development of export-related industries in Nigeria.
  • To spearhead the creation of appropriate export incentives and
  • To actively articulate and promote the implementation of export policies and programs of the Nigerian Government.
  • To co-coordinated monitor export promotion activities in Nigeria.
  • To collect and disseminate information on products available for export.
  • To collect and disseminate to local manufacturers and exporters information on foreign markets.
  • To Provide technical assistance to local exporters in such areas as export procedures and documentation, transportation, financing, marketing techniques, quality control, export packaging, costing and pricing, publicity, and other similar areas.
  • To maintain adequate and effective representation in other countries.
  • To provide, directly or jointly, with training institutions, training for its staff and assist with the manpower development of the export community in Nigeria.
  • To organize and plan the participation of Nigeria in trade fairs and exhibitions.
  • To administer grants and other benefits related to export promotion and development.
  • To undertake studies of the current economic conditions, with special attention to the export sector to advise the government on necessary policies and measures.
  • To establish specific trade promotion facilities in Nigeria and other countries including the establishment of permanent showrooms at important commercial centers in other countries.
  • To engage in export promotion publicity
  • To pursue the simplification and streamlining of export procedures and documentation on continuously
  • To assist in finding appropriate solutions to practical problems encountered by exporters in the process of exportation.
  • To plan and organize outward trade missions and provide support from Nigeria.
  • To perform such other functions as may be conducive to the achievement of the objective of the Export Decrees.

Structure edit

The administration of the Council was structured in the following regard: The Board- Consist of the Chairman and ten members. The Council is headed by an Executive Director/CEO while the Departments and Directorates are each headed by a Director/Deputy Director. NEPC Management-Consist of the Executive Director/CEO, while Directors /Deputy Director as Heads of Departments/Directorates. Regional Coordinators[8] are the administrative heads of the Regional Offices of each Geo-political zones in Nigeria.

The Directorates are:

  • Special Services Directorate
  • Incentives Directorate
  • Multilateral and Bilateral Directorate

The Units are:

  • Legal Services Unit
  • Audit Unit
  • Public Relations Unit
  • Anti-Corruption and Transparency Unit (ACTU)

The Council has six (6) Regional Offices located at Lagos, Port Harcourt, Kano, Enugu, Jos, Yola.

Current Management edit

The Executive Director/CEO of The Nigerian Export Promotion Council (NEPC) was Mr. Segun Awolowo from 2013–2017

The Executive Director/CEO of The Nigerian Export Promotion Council (NEPC) is Dr. Ezra Yakusak 2021–till date.[9]

See also edit

References edit

  1. ^ "Buhari appoints new CEO for Nigerian Export Promotion Council". Nairametrics. 2021-10-13. Retrieved 2022-02-09.
  2. ^ "Buhari appoints new CEO for Nigerian Export Promotion Council". Nairametrics. 2021-10-13. Retrieved 2022-02-09.
  3. ^ "Boosting non-oil exports through N50bn export expansion programme". Vanguard News. 2021-08-02. Retrieved 2022-02-10.
  4. ^ "Awolowo has made NEPC one of Nigeria's most successful agency - Minister". Vanguard News. 2021-07-12. Retrieved 2022-02-10.
  5. ^ https://nepc.gov.ng/
  6. ^ "NEPC reveals why Nigerian exports fail in international market". Nairametrics. 2021-10-18. Retrieved 2022-02-10.
  7. ^ Ikenna, Obioha. "critical analysis and performance evaluation of Nigeria Export Promotion Council" (PDF).
  8. ^ "NEPC to train 80 youths on export procedures to boost non-oil exports". Businessday NG. 2016-06-17. Retrieved 2020-11-09.
  9. ^ RR (2021-10-13). "Yakusak Replaces Segun Awolowo as NEPC Boss". Economic Confidential. Retrieved 2022-02-07.

nigerian, export, promotion, council, this, article, uses, bare, urls, which, uninformative, vulnerable, link, please, consider, converting, them, full, citations, ensure, article, remains, verifiable, maintains, consistent, citation, style, several, templates. This article uses bare URLs which are uninformative and vulnerable to link rot Please consider converting them to full citations to ensure the article remains verifiable and maintains a consistent citation style Several templates and tools are available to assist in formatting such as reFill documentation and Citation bot documentation August 2022 Learn how and when to remove this template message This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Nigerian Export Promotion Council news newspapers books scholar JSTOR February 2012 Learn how and when to remove this template message The Nigerian Export Promotion Council NEPC was established through the promulgation of the Nigerian Export Promotion Council Decree No 26 of 1976 now an Act in line with the democratic governance of the Country 1 This Act was amended by Decree No 72 of 1979 and further amended by the Nigerian Export Promotion Decree No 41 of 1988 and complemented by the Export Incentives and Miscellaneous Provisions Decree No 18 of 1986 2 Furthermore the Nigerian Export Promotion Council Amendment Decree No 64 and 65 of 1992 was promulgated to enhance the performance of the Council The Council is the leading Federal Government Agency charged with the responsibility of promoting non oil export in Nigeria to diversify away from oil and build a formidable economy headquartered in Abuja FCT No 40 Blantyre Street Wuse II 3 4 Contents 1 History 2 Mission and functions 3 Structure 4 Current Management 5 See also 6 ReferencesHistory editThe Nigerian Export Promotion Council NEPC 5 was established through the promulgation of the Nigerian Export Promotion Council Decree No 26 of 1976 and was formally implemented in March 1977 6 The act was amended by Decree No 72 of 1979 and further amended by the Nigerian Export Promotion Council Decree No 41 of 1988 Appended to the law was the Export Incentives and Miscellaneous Provisions Decree No 18 of 1986 as well as the Nigerian Export Promotion Council Amendment Decree No 64 of 1992 The last was authored to enhance the performance of the council by minimizing bureaucratic bottlenecks and increasing autonomy in dealing with members of the organized private sector The Council has a governing board drawn from both the public and private sectors Mission and functions editTo spearhead the diversification of the Nigerian economy by expanding and increasing non oil exports for sustainable and inclusive economic growth 7 To promote the development and diversification of Nigeria s export trade To assist in promoting the development of export related industries in Nigeria To spearhead the creation of appropriate export incentives and To actively articulate and promote the implementation of export policies and programs of the Nigerian Government To co coordinated monitor export promotion activities in Nigeria To collect and disseminate information on products available for export To collect and disseminate to local manufacturers and exporters information on foreign markets To Provide technical assistance to local exporters in such areas as export procedures and documentation transportation financing marketing techniques quality control export packaging costing and pricing publicity and other similar areas To maintain adequate and effective representation in other countries To provide directly or jointly with training institutions training for its staff and assist with the manpower development of the export community in Nigeria To organize and plan the participation of Nigeria in trade fairs and exhibitions To administer grants and other benefits related to export promotion and development To undertake studies of the current economic conditions with special attention to the export sector to advise the government on necessary policies and measures To establish specific trade promotion facilities in Nigeria and other countries including the establishment of permanent showrooms at important commercial centers in other countries To engage in export promotion publicity To pursue the simplification and streamlining of export procedures and documentation on continuously To assist in finding appropriate solutions to practical problems encountered by exporters in the process of exportation To plan and organize outward trade missions and provide support from Nigeria To perform such other functions as may be conducive to the achievement of the objective of the Export Decrees Structure editThe administration of the Council was structured in the following regard The Board Consist of the Chairman and ten members The Council is headed by an Executive Director CEO while the Departments and Directorates are each headed by a Director Deputy Director NEPC Management Consist of the Executive Director CEO while Directors Deputy Director as Heads of Departments Directorates Regional Coordinators 8 are the administrative heads of the Regional Offices of each Geo political zones in Nigeria The Directorates are Special Services Directorate Incentives Directorate Multilateral and Bilateral DirectorateThe Units are Legal Services Unit Audit Unit Public Relations Unit Anti Corruption and Transparency Unit ACTU The Council has six 6 Regional Offices located at Lagos Port Harcourt Kano Enugu Jos Yola Current Management editThe Executive Director CEO of The Nigerian Export Promotion Council NEPC was Mr Segun Awolowo from 2013 2017The Executive Director CEO of The Nigerian Export Promotion Council NEPC is Dr Ezra Yakusak 2021 till date 9 See also editEconomy of Nigeria LADOL special economic zoneReferences edit Buhari appoints new CEO for Nigerian Export Promotion Council Nairametrics 2021 10 13 Retrieved 2022 02 09 Buhari appoints new CEO for Nigerian Export Promotion Council Nairametrics 2021 10 13 Retrieved 2022 02 09 Boosting non oil exports through N50bn export expansion programme Vanguard News 2021 08 02 Retrieved 2022 02 10 Awolowo has made NEPC one of Nigeria s most successful agency Minister Vanguard News 2021 07 12 Retrieved 2022 02 10 https nepc gov ng NEPC reveals why Nigerian exports fail in international market Nairametrics 2021 10 18 Retrieved 2022 02 10 Ikenna Obioha critical analysis and performance evaluation of Nigeria Export Promotion Council PDF NEPC to train 80 youths on export procedures to boost non oil exports Businessday NG 2016 06 17 Retrieved 2020 11 09 RR 2021 10 13 Yakusak Replaces Segun Awolowo as NEPC Boss Economic Confidential Retrieved 2022 02 07 Retrieved from https en wikipedia org w index php title Nigerian Export Promotion Council amp oldid 1107435144, wikipedia, wiki, book, books, library,

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