CONTRIBUTIONS OF THE NIGERIAN EXPORT PROMOTION COUNCIL (NEPC) IN EXPORT PROMOTION

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Department of Administration

ABSTRACT

Exports play a crucial role in the growth of any economy. It is an avenue for raising national income of the country. However, in Nigerian, oil export accounts for over 90 percent revenue to the government while non-oil export is less than 10 percent. This thesis therefore examines the performance of non-oil exports over the years as well as the reason for that pattern of performance. 

The Nigerian Export Promotion council (NEPC) is the organization saddled with the responsibility of promoting exports in the country. The ability of this organization to meet its mandate will facilitate the diversification of the economy. The fact remains that oil and non-oil exports are like the two sides of a coin. Both can be good sources of revenue to the government if adequate attention is given to them. Both primary and secondary sources of data were used for the research work while chi-square statistical technique was used to test the hypotheses. 

The finding shows that there is a slight increase in non-oil exports and that NEPC is not a total failure. However, the growth in non-oil exports is not satisfactory. Some of the challenges of NEPC include insufficient funds and inadequate incentives to boost exports. It was therefore, recommended that NEPC should be strengthened and adequately funded so that it can carry out her programmes effectively and efficiently in order to meet with the radically changed international trading environment. Besides, government should provide more incentives and create the conducive environment for export activities to thrive.


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