Stakeholders urge Nigerians to boost non-oil exports for economic development

Some stakeholders have urged Nigerians to leaverage available opportunities to increase non-oil exports for economic growth and development.
The stakeholders spoke at the Nigerian Exporters Hub (NEXHUB) Abuja Export Conference 2024 on Wednesday in Abuja.
The theme of the conference was “navigating the future of non-oil exports”.
The event was organised to mark the NEXHUB Abuja subscribers’ inaugural shipment of 10 containers to China.
The products to be shipped include Cassia tora, sesame seeds, ginger and mica (solid mineral).
The minister of industry, trade and investment, Doris Uzoka-Anite, emphasised the need for the country to leverage its numerous resources to grow its economy.
Ms Uzoka-Anite, represented by Dafang Sule, director, federal produce inspection service at the ministry, said that there was a need to develop and export all resources in the country.
She commended Zeenab Foods Limited, a food processing and agro-commodity trading company, for its efforts in promoting exports.
”This is the time to export, we need to take advantage of the moment. The Federal Government has continued to ensure ease of doing business in Nigeria.
We are urging Nigerians to play their part, give this administration a helping hand, just as Zeenab is doing today so we can make Nigeria better for us all,” she said.
Dele Oye, president, Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), said that there was an urgent need for an organised solid mineral market system.
“The lack of a structured market has been identified as a significant barrier to the sector’s growth.
“Unlike Ghana, where a government office efficiently processes mineral sales, Nigeria’s informal market leaves many miners without immediate access to cash.
“This system leads to long delays, with miners sometimes waiting decades to monetise their resources,” he said.
Mr Oye said that NACCIMA was collaborating with NEXHUB to establish a more robust framework for mineral trading, thus processing basic minerals like mica locally before exporting.
“This initiative not only ensures compliance with government regulations, it also aims to stimulate local economies by providing miners with quick access to cash.
“The commitment to creating a transparent market is essential for reducing criminal activities associated with unregulated sales.
“By offering direct access to international markets, NACCIMA aims to eliminate third-party intermediaries and significantly diminish the risks and uncertainties that have long plagued the sector,” he said.
Mr Oye said that NACCIMA had established 73 locations across Nigeria, employing aggregators to connect local producers with markets.
According to him, this strategy allows even those in remote areas to engage in international trade, fostering economic independence.
He called on stakeholders from various sectors, including the media, to spread awareness about these opportunities, and a new era of prosperity and equity in the solid minerals sector.
Earlier, the group managing director, Zeenab Group, Victor Ayemere, said that the conference was organised to sensitise exporters to bring their commodities for easy export to the trade house in China.
According to Mr Ayemere, who doubles as chairman of NEXHUB, the federal government, through the Export Promotion Council, has set up export trade houses across the globe.
“We were the ones assigned to handle the export trade house in China and other Far East countries.
“So, Zeenab Foods set up the Nigerian Exporters Hub to enable the exporting public to export their commodities easily to the trade house in China.
“Zeenab has chosen to be part of the agro-export. This is a laudable project, which tells us that we can survive as a nation.
” This is the time to export; we need to take advantage of the moment. And the federal government has continued to ensure ease of doing business in Nigeria.
” We are urging Nigerians to play their part, give this administration a helping hand, just as Zeenab is doing today so that we can make Nigeria better for us all,” he said.
Also, the managing director of NEXHUB, Babatunde Faleke, urged producers to look beyond insecurity challenges to tap the benefits of exports and increase their production.
“What we need is even more engagement; let us scale up production so that we can have more to export,” he said.
Mr Faleke, who said that infrastructure and logistics remained a challenge to the movement of goods, said that the government was addressing the challenge.
The conference was attended by government officials, heads of agencies, various stakeholders and partners.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Agriculture
World Bank announces strategic shift in agribusiness, doubles financial commitment
Mr Banga said the increase in agricultural productivity and incomes would help create jobs, boost revenues, and improve the quality of food and nutrition.

Rights
Accrued Rights Payment: Pensioners task FG to release funds
Mr Nwaiwu said the Defined Benefit Scheme had benefited from about four different pension increases, while CPS retirees have yet to receive it.

Sport
UCL: Raphinha’s hat-trick secures 4-1 win over Bayern Munich
Raphinha’s inspired night started when he gave Barca the lead a little over a minute after kickoff.

World
UN chief condemns terror attack in Türkiye
Mr Guterres offered his deepest condolences to the victims’ families and wished a speedy recovery to those injured.

Economy
Prices of bread, rice, egg, other food items increased in September: NBS
The report said that the average price of sliced bread increased by 115.74 per cent on a year-on-year basis.

NationWide
NDLEA boss urges tough sentences to deter foreign drug traffickers
A Canadian national, Adrienne Munju, was sentenced to 11 years in prison for importing drugs.