NEPC

Nigeria’s Survival Dependent On Non-Oil Industry – NEPC

by Echezona obinna
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According to the Nigeria Export Promotion Council, non-oil items are critical to the country’s economic existence.
On Monday, NEPC Trade Promotion Advisor Bello Noma accompanied his colleagues on a sensitization visit to the News Agency of Nigeria in Jos.
Noma predicted that oil, “the nation’s principal export,” will one day run out, leaving the country with non-oil products.
Furthermore, more than 200 countries signed an agreement to phase out the use of fossil fuels a few years ago.
This includes the crude oil we boast about, so by the time this is implemented, we will have no market.
“So if we don’t diversify our economy and embrace non-oil sector, there is going to be a problem.
“So that’s why we are now advocating and sensitising the public to the importance of the nation’s huge non-oil potential.”
He further stated that Nigeria is blessed with abundant non-oil resources in each state of the federation but were not fully harnessed.

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The trade promotion advisor said that the council had dedicated a week to create awareness of the nation’s rich non-oil potential to boost the export of non-oil products.
Noma stated that they were in News Agency of Nigeria to solicit its assistance to propagate the council’s activities.
He added that what they were doing was to let the people know that “there is a lot of money in the non-oil sector.”
NAN

 

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