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Trade Experts Want Nigeria To Promote Non-Oil Export To Address Trade Imbalance

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by AIT / 5 months ago / Business and Economy  
Experts who made this call in Lagos while speaking on the Ease of Doing Business and boosting Exports Trade in the Country said depending so much on Importation is hurting Local Production.

Trade Experts Want Nigeria To Promote Non-Oil Export To Address Trade Imbalance

 

The Nigerian Government has been charged to address the issue of Trade Imbalance in the Country through the Promotion of Non-Oil Export.

They added that if Nigeria Patronises Local Goods it will save the Country Millions of Dollars spent annually on Importation.

On the ease of Doing Business at the Nation’s Sea Ports, others want Government to Monitor the Implementation of the Executive Order on Doing Business and provide the needed Infrastructure.

Despite the fact that Nigeria has the Largest Market in Africa, the Country’s Trade Volume as a percentage of Total Trade within the African Continent still hovers around Five Point Five Per Cent.

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