1

NIGERIAN EXPORT

PROMOTION COUNCIL

PROJECTS/ACTIVITIES

FOR

2011

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NIGERIAN EXPORT PROMOTION COUNCIL

2011 ANNUAL REPORT

CHAPTER ONE

1.0 INTRODUCTION

The Nigerian Export Promotion Council (NEPC) was established through

the promulgation of the “Nigerian Export Promotion Council Decree No.

26 of 1976”. 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. 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.

1.1 VISION

Make the non-oil exports significant contributor to Nigeria’s GDP

1.2 MISSION

Facilitate Non –oil exports to promote sustainable economic development.

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1.3 STRATEGIC GOAL

• To diversify Nigeria’s economy from oil to non-oil export.

1.4 NEPC CORE VALUES

(i) Professionalism

(ii) Service Delivery

(iii) Integrity

(iv) Team work

1.5 FUNCTIONS OF NEPC:

The mission of the NEPC is clearly stated by the following

overriding objectives, namely:

Objectives:

• 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 to promote the implementation of export policies and programmes of the Nigerian Government.

Other functions include:

• To co-ordinate and monitor export promotion activities in Nigeria.

• To collect and disseminate of information on products available for export.

• To collect and disseminate to local manufacturers and exporters information on foreign markets.

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• 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 in 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 with the aim of advising government on necessary policies and measures.

• To co-operate with other institutions on matters relating to export financing, export incentives and specialized services to exporters.

• To establish specific trade promotion facilities in Nigeria and in 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 streamline of export procedures and documentation on continuous basis.

• 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.

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• To provide support services to inward trade missions from other countries.

• To perform such other functions as maybe conducive to the achievement of the objective of the Export Decrees.

1.6 STRUCTURE OF THE COUNCIL

The Council is made up of five Departments, three Directorates and the

Office of the Executive Director at the Headquarters and fourteenZonal

Offices located at Lagos, Akure, Kano, Gusau, Minna, Yola, Maiduguri,

Benin, Enugu, Owerri, Port-Harcourt, Jos, Aba and Makurdi.

The Council is headed by an Executive Director/CEO while the

Departments and Directorates are each headed by a Director. The Zonal

Offices are variously headed by Deputy Directors and Assistant

Directors.

(a) The Office of the Executive Director/CEO consists of three (3) units

namely:

i. Legal Services Unit

ii. Internal Audit Unit

iii. Public Relations Unit

(b) The Departments/Directorates are as follows: (i) Product Development Department:

(ii) Market Development Department:

(iii) Trade InformationDepartment:

(iv) Administration and Human Resources Department:

(v) Finance and Supplies Department:

(vi) Directorate of Bilateral and Multilateral Relations:

(vii) Directorate of Special Services:

(viii) Directorate of Export Incentives:

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(c) The NEPC Zonal Offices are as follows:

(i) Lagos Zonal Office (ii) Kano Zonal Office (iii) Port-Harcourt Zonal Office (iv) Jos Zonal Office (v) Akure Zonal Office (vi) Minna Zonal Office (vii) Maiduguri Zonal Office (viii) Benin Zonal Office (ix) Makurdi Zonal Office (x) Yola Zonal Office (xi) Gusau Zonal Office (xii) Enugu Zonal Office (xiii) Owerri Zonal Office (xiv) Aba Zonal Office (Temporarily operating skeletal services

due to security situation in Aba)

(d) NEPC Desk Offices include:

(i) Trade Centre, Taipei (Taiwan)

(ii) Trade Centre in China

(iii) One-Stop Investment Centre(OSIC), NIPC Abuja which

serves as an Investment Facilitation Centre.

1.7 Administrative Structure:

The administration of the Council is structured in the following regard:

(a) The Governing Board:-Consist of the Chairman and ten other

members.

(b) NEPC Management:-Consist of the Executive Director/CEO

and eight (8) Directors as Head of Departments/Directorates

(c) Zonal Controllers as administrative head of Zonal Offices.

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1.8 Brief description of NEPC Departments/Zonal Office:

(i) Product Development Department: Product identification,

including services, development, adaptation, packaging, etc,

for export.

(ii) Market Development Department: Market development

through research, contact promotion programmes, trade

missions, other market entry support services, new exporter

development programme, etc.

(iii) Trade Information Services Department: Registration of

exporters, collection, collation and dissemination of trade

information, trade facilitation, formalization of informal export

trade, etc.

(iv) Administration and Human Resources Department: Staff

development, Personnel matters and Capital projects.

(v) Finance and Supplies Department: Financial matters,

budget, personnel emoluments and general supplies.

(vi) Directorate of Bilateral and Multilateral Relations: Inter-

agency co-ordination, Bilateral and Multilateral Cooperation,

advocacy and trade policy matters.

(vii) Directorate of Special Services: Common Facility Centers,

African Growth and Opportunity Act (AGOA), Joint

Commission, Zonal Office Coordination, Overseas Commercial

Desks and implementation of the National Export Strategy.

(viii) Directorate of Export Incentives: Administration of Export

Incentives.

ZONAL OFFICES:

Zonal offices serve as the grassroot contact outfits of NEPC that interface

with exporters/business communities at the grassroot level i.e. State and

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Local Government levels. The activities of zonal offices are coordinated by

the Special Services Directorate in the Headquarters, Abuja

CHAPTER TWO

SUMMARY OF MAJOR ACHIEVEMENTS OF THE COUNCIL IN 2011

2.02.02.02.0 MARKET DEVELOPMENT DEPARTMENTMARKET DEVELOPMENT DEPARTMENTMARKET DEVELOPMENT DEPARTMENTMARKET DEVELOPMENT DEPARTMENT::::

A. Number of identified emerging international Market for Number of identified emerging international Market for Number of identified emerging international Market for Number of identified emerging international Market for selected products:selected products:selected products:selected products: i. Ghana – Manufactured products ii. Vietnam – Agricultural commodities iii. South Africa – Textile and garments, Art and Craft iv. China – Agricultural commodities and Solid Minerals v. United Arab Emirates Nigerian Cuisine vi. Malaysia – Agricultural Commodities & Solid Minerals B. Number of IntNumber of IntNumber of IntNumber of International Trade Programmes executed:ernational Trade Programmes executed:ernational Trade Programmes executed:ernational Trade Programmes executed:

i. 15th Ghana International Trade Fair. Accra 25th February – 9th March, 2011

ii. 21st Vietnam Annual International Trade Fair (VIETEXPO) in Hanoi, Vietnam, 6th – 9th April, 2011

iii. Zambia International Trade Fair, Ndola, 29th June – 5th July, 2011 iv. 18th Southern Africa International Trade Exhibition (SAITEX),

Johannesburg, 17th – 19th July, 2011 v. 15th China International Trade Fair for Investment & Trade (CIFIT)

Xiamen, China, 8th – 11th September, 2011 vi. Buyer – Seller Meet/Solo Exhibition, Dubai, UAE, 26th – 28th Sept. 2011 vii. 4th Trans-Sahara Trade Fair, Niamey, Niger, 30th Sept. – 9th October, 2011

viii. 19th Uganda Fair Expo Kampala, 4th – 8th October, 2011

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ix. Buyer-Seller Meet, London, U.K. 20th – 22nd October, 2011 x. Trade Mission to Malaysia, 8th -10th November, 2011 xi. 6th ECOWAS Trade Fair, Lome, Togo, 25th Nov. – 12th December, 2011. C. Number of Trade Programmes executed in ECOWAS:Number of Trade Programmes executed in ECOWAS:Number of Trade Programmes executed in ECOWAS:Number of Trade Programmes executed in ECOWAS: i. 15th Ghana International Trade Fair, Accra, 25th Feb. – 9th March, 2011

ii. 6th ECOWAS Trade Fair, Lome, Togo, 25th Nov. – 12th December, 2011 iii. 20th Dakar International Trade Fair (FIDAK), 2nd – 13th December, 2011

2.1 2.1 2.1 2.1 Memorandum of Memorandum of Memorandum of Memorandum of Understanding:Understanding:Understanding:Understanding:

Eight (8) Memoranda of Understanding were signed during the

various Fairs attended in 2011.

2.2 Other Achievements include: i. The Council has for the first time promoted the export of

Nigerian Cuisine beyond Borders by exposing Nigerian food

operators at Buyer-Seller-Meet in Dubai.

ii. Nigeria Miners Association members were sponsored to

participate at the 15th China International Fair for Investment

and Trade (CIFIT).

iii. Orders were secured by Exporters who participated at the

various International Trade Fairs.

2.3 PRODUCT DEVELOPMENT DEPARTMENT:

i. The Council printed 10,000 copies of list of approved Pesticides for use in Cocoa with the support of Federal Ministry of Agriculture and distributed to farmers in cocoa-producing States and Nigeria Customs Services.

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ii. PACKAGING FOR EXPORT: The Council conducted a survey on available packaging companies

in Nigeria, with a view to disseminating information on packaging

and available packaging materials to end-users especially exporters

in a mini directory.

iii. To further expose our manufacturing exporters, the council also

spearheaded the participation of some Nigerian companies at the

Processing and Packaging Machinery Association (PPMA) exhibition

in September this year in Birmingham U. K. Their participation was

majorly sponsored by the Council.

The directory will be ready before the end of this year.

iv. WTO/NEPC ON SESAME AND SHEANUT: An on-going collaboration with World Trade

Organization/Standards & Trade Development Facility WTO/STDF

on STDF Project 172 aimed at expanding the production and export

of Sesame seeds and Sheanut/Butter from Nigeria, through

improved Sanitary and Phytosanitary (SPS) capacity building for

both the public and private sector operators in 8 selected States of

the Federation.

It is a 2 – year project in Borno, Taraba, Benue and Kogi for sesame

and Niger, Kwara, Kebbi and Oyo States for sheanut/butter. This

involved field trips to the eight States and laboratory analysis by

NAFDAC.

The National Cereal Research Institute (NCRI) and the National

Agency for Foods Drugs Administration and Control (NAFDAC) with

the support of other agencies are at the final stage of the report on

characterization of Nigerian Sesame Seed and Sheanut.

v. RED GOAT MULTIPLICATION:

The Council is collaborating with the Kano State Government and

the Livestock Research Institute on the multiplication/conservation

of red goat towards production of red leather for the international

market. It is an on-going project.

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vi. EXPORT OF SERVICES: The Council in collaboration with Commonwealth Secretariat,

London has developed a document captioned: “Nigerian National

Strategy for Export of Professional Services”. The strategy

document was launched on 16th, 18th, 23rd and 25th of August,

2011in three geo-political Zones in the country and the FCT. It is

envisaged that the document will be launched in the remaining

three geo-political Zones and implementation of the Action Plan in

the sector will begin in earnest.

vii. TRADE AND COMMODITIES ASSOCIATIONS: With the observation that quite a number of Trade and

commodities Associations are not united in their expected role in

contributing their own quota to the economy especially non-oil

export, the Council organized an enlightenment program for them

on the need to be united. It is hoped that the leadership of the

Association will be better informed about the significance of good

leadership which should impact on the Associations to enable them

contribute economically to the fortunes of the country.

viii. LOCALLY-FABRICATED COTTAGE/INDUSTRIAL MACHINES: Partof the main goals of the Council is to create jobs through

establishment of export-related industries. It also encourages value

addition to our agricultural commodities; part of the challenges in

the value addition is the availability of the necessary machinery for

processing in value addition. It was in response of this goal and

challenge that the Council organized exhibition of local fabricators

of machinery and equipment in Nnewi, Ilorin and Ibadan.

A directory will be published before the end of the year 2011 to

enable information on where to get the necessary machinery and

equipment and encourage networking.

ix. AFLATOXIN CONTROL IN AGRICULTURAL PRODUCE: Facilitate the commercialization of Aflasafe, a product discovered

by IITA Ibadan for the control of Aflatoxin in agricultural produce

especially maize, sesame seed, groundnuts and yam. The Council

continues to be active as a stakeholder in its commercialization for

the benefits of the agricultural sector.

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x. HORTICULTURE INVESTMENT:

Also, the development initiative in collaboration with the TENTI

GREENS LIMITED, VOM, Jos, Plateau State will serve as a

practical export development Demonstration Project for

Horticultural investment drive in Nigeria. This Project is designed

to bridge the gap in the non-oil sector for effective quality export

service delivery. The impact on the people and citizenry will be

wealth creation, employment generation, poverty reduction and

diversification of Nigeria’s economy.

xi. MEDICINAL PLANT:

The Council in collaboration with the Nigerian Medicinal Plants

Development company under the Federal Ministry of Agriculture is

developing already identified medicinal plants in the six (6)

geopolitical zones of the country for export.

2.4 MULTILATERAL AND BILATERAL DEPARTMENT:

i. The Council participated in a mini-exhibition on the occasion of the German-Nigerian Business Forum which coincided with the visit of the German Chancellor Dr. Mrs. Angela Merkel to Nigeria between 14th–15th July, 2011.

ii. A three-day programme known as the Advanced Stage of the Export Skills Acquisition Programme (ESAP) was organized by the Directorate in Lagos between 13th – 15th September, 2011. It was aimed at providing the technical wherewithal to exporters and would-be exporters.

iii. The Council also participated in the 6th edition of the Abuja International Trade Fair which was held at Old Parade Ground Area 10, Garki, Abuja between 29th September – 11th October, 2011.

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2.5 ADMINISTRATION AND HUMAN RESOURCES DEPARTMENT:

i. Head-Office Building Complex Project:

� The contract for the construction of the NEPC Head Office Complex was awarded to Messrs GODAB NIG. LTD on the 28th November 2005 at the contract sum of N905,723,724.69 with a completion period of 72weeks.

� The contractor mobilized to site and has completed about 75% of

the works.

� However, applications are being prepared by the Council to the Bureau of Public Procurement for approval of “No Objection Certificate” in respect of Sub-Contracts and Main Contracts Variations.

ii. Pensions of retired Staff:

The Pensions of retired Staff are being paid regularly.

iii. Staff Welfare:

A number of Staff that got married or bereaved was assisted by the

Council. The assistance covered provision of vehicles to the

marriages and burials and token gifts to the Staff.

iv. Staff Training and Capacity Building:

The Council conducted both local and foreign trainings for a total

number of 178 officers in Keffi, Kaduna, Ibadan, UK, USA, Israel

among others.

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2.6 INCENTIVES DIRECTORATE:

i. The overall objective of the Directorate is to process and

release Export Expansion Grant (EEG) Claims without delay.

During the period under review, the Directorate recorded the

following achievements:

ii. PROCESSING OF EEG APPLICATIONS:

� Received NXPs for 2009 & 2010 EEG Claims

� processed backlog of claims from 2007 to 2010

iii. ACCREDITATION OF EXPORTERS:

Accredited new exporters admitted into the Scheme. Existing

exporters who desire to change their Representatives on the

scheme were also updated.

iv. EEG IMPLEMENTATION COMMITTEE MEETING:

There was no meeting of the EEG Implementation Committee

as a result of the distractions caused by the various

complaints received from exporters. In addition, the rejection

of the Negotiable Duty Credit Certificate (NDCC) for payment

of import duties by the Nigeria Customs Service had led to

high discounting rates for the Certificates. Therefore, further

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approval and disbursement of the Certificate could result to a

total glut in the market.

v. REVIEW OF EEG:

Following complaints received by the EEG Implementation

Committee from exporters and members of the Organised

Private Sector (OPS) on the current EEG Product

Categorization, the Directorate organized an Interactive

Forum with a view to reviewing the current Export Expansion

Grant (EEG) Product Categorization and properly situate

export products in the scheme. The programme was held in

Lagos and Kano on the 19th and 21st July, 2011 respectively.

vi. SUBMISSION OF 2009 BASELINE DATA/2010 EEG

APPLICATION:

The Directorate has continued to receive the submission of

2009 Baseline data for 2010 EEG ratings. About one

hundred and sixty-eight (168) companies have so far

submitted, while one hundred and fifty-nine (159) had

already been rated for 2010 claims, the remaining nine

companies are yet to be rated as a result of the

inconsistencies in their submissions. Furthermore, about five

thousand, four hundred and seventy-two (5,472) NXPs have

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been received from the companies rated for 2010 EEG claims,

while over thirty percent (30%) of these claims have been

processed and paid to beneficiary companies.

2.7 SPECIAL SERVICES DIRECTORATE:

i. Organized Management Retreat on the actualization of NEPC

final Action Plan for accelerated implementation of Nigerian

National Strategy for job creation from 16th – 17th September,

2011; Keffi, Nassarawa State.

ii. NEPC collaborated with USAID/NEEP (Nigerian Expanded

Export Programme) to organize Bankers-Exporters initiative

in Lagos and Abuja; 15th – 16th September, 2011.

iii. Held National Sensitization Seminar on popularizing the

Nigerian Cuisine Beyond Borders, - 26th – 27th July, 2011;

Lagos and Abuja.

iv. Development of full project documents on the seven projects

selected for export development as targeted by the Action Plan

for the implementation of the National Export Strategy for job

creation as follow: September 17th, 2011:

� Nollywood

� Capacity Building

� Promoting Nigerian Cuisine beyond Borders

� Shea-Butter

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� Fish

� Integrated Goat and sheep production

� Spices

2.8 TRADE INFORMATION DEPARTMENT ACTIVITIES:

i. EXPORT CLINIC:

The programme took place in August, 2011 and was aimed at

educating newly registered exporters on the rudiments of export

activities such as sourcing for markets, export documentations,

pricing, packaging for export etc. The attendance was

impressive.

ii. CAPACITY BUILDING FOR TRADE PROMOTION OFFICERS (TPOs):

The programme was designed to educate TPOs on the activities

of stakeholders whose functions have direct relationship with

export promotion such as:

• Nigeria Customs Service (NCS)

• Nigerian Produce Inspection Services,

• Pre-shipment Inspection Agents (Cobalt Int. Services Limited)

• Nigeria Shippers’ Council (NSC)

• Freight Forwarders

• Financial Institutions

iii. REGISTRATION OF EXPORTERS:

A total of 1,660 companies were newly registered as Exporters.

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iv. KEY PERFORMANCE INDICATORS (KPIs):

The harmonised Key performance Indicators (KPIs) was

developed and forwarded to the National Planning Commission for

monitoring and evaluation.

v. TRADE ENQUIRIES:

The Council attended to a total number of 6,000 Trade Enquiries

both online and offline.

CHAPTER THREE

3.0 NON-OIL EXPORT PERFORMANCE REPORT FOR 2011

Table 1: Non-oil Export Value, 2009 to 2011.

Year Value (US$ million Percentage Growth

2009 1,707.325 -

2010 2,320.954 ▲35.94

2011 2,765.393 ▲19.15

Source: Compiled from Cobalt returns to NEPC.

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Chart1: Non-oil Export Values, 2009 to 2011

3.1 GENERAL EXPORT ACTIVITIES

Nigeria exported non-oil products worth 1,186,034.20 metric tones

valued at US$ 2,765.393 million. This gave a 19.15% increase over

the figure of US$ 2,320.954 million recorded for year, 2010 and

61.97% over that of year 2009 which stood at US$ 1,707.325

million. The increase might have been attributed to the aggressive

export promotion activities by Nigerian Export Promotion Council

(NEPC) as a leading export promotion implementing agency and

other stakeholders. Other factors include relative global economic

recovery from the shock of year 2009; and confidence in Nigerian

economy as a result of stability in its democratic processes.

2009

(US$1,707.33m)

2010

(US$2,320.95m)

2011

(US$2,765.39m)

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Export Expansion Grant (EEG) scheme also had a significant

impact on the performance of the Non-oil export sector as well as

encouraging formal export and repatriation of export proceeds.

3.2 Meanwhile, in her continued efforts at reducing the incidence of

unrecorded export trade, NEPC through its Kano Area Office

embarked on a pilot project at capturing statistics through the

Dawanau market situated in Kano. The market is considered as the

largest grain market in Africa. The exercise revealed an export of

N3.672 billion equivalent of US$23.821million for year 2011.

Interestingly, products that did not feature in the formal export list

were captured. These products include Bambara Nuts, Maize,

Millet, Irish Potatoes, Sweet Potatoes, Groundnut and Groundnut

Cake, Sorghum, Soya Beans, Tamarind, and Locust Bean and were

exported to the neighboring countries of Niger Republic, Mali and

Burkina Faso.

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3.3 QUARTERLY EXPORT PERFORMANCE

Table 2: & Chart 2: Quarterly Export Performance, 2011.

Quarter 2009 2010 2011

US$ million Contribution % change over

the previous

quarter

First 430.243 638.452 818.742 29.61% 0.00

Second 366.417 562.163 676.106 24.45% ▼17.42

Third 335.142 452.074 567.829 20.53% ▼16.01

Fourth 575.647 668.147 702.716 25.41% ▲23.75

Total 1,707.450 2,320.835 2,765.393 100.00%

Source: Compiled from Cobalt returns to NEPC, 2011.

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3.4 On quarterly performance basis, the First and Fourth quarters

always record higher performances as against the Second and

Third quarters. This trend has been on for the last three years.

1st Qtr, 29.61%

2nd Qtr, 24.45%

3rd Qtr, 20.53%

4th Qtr, 25.41%

Chart 2: Quarterly Performance, Non-oil Export, 2011.

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Table 3: Monthly Export Value.

Month Value (US$ million) % Contribution

January 307.285 11.11

February 273.512 9.89

March 237.945 8.60

April 250.500 9.06

May 203.572 7.36

June 222.034 8.03

July 189.047 6.84

August 199.254 7.21

September 179.529 6.49

October 194.004 7.02

November 263.049 9.51

December 245.663 8.88

Total 2,765.393 100.00

Source: Compiled from Cobalt returns to NEPC, 2011

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0

50

100

150

200

250

300

350

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

US$ million

Months

Chart 2: Monthly Export Performance, 2011.

0

50

100

150

200

250

300

350

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

US

$ m

illi

on

Chart 3: Non-oil Export Trend, 2011.

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3.5 MONTHLY EXPORT RECORDS

The month of January accounts for the highest export performance

contributing US$ 307.285 million (11.11%) of total export value.

Second best performance was in February with 9.89% and in the

third position was November with a contribution of 9.51% as

shown on the table and chart above.

TABLE 3: TOP-TEN EXPORTED PRODUCTS, 2011

Ranking Product Value (US$) % of total value.

1 Cocoa and Cocoa Preparations 832.351 30.10

2 Leather 494.628 17.89

3 Rubber 285.432 10.32

4 Sesame Seeds 199.626 7.22

5 Cashew Nuts Edible Fruits 99.917 3.61

6 Aluminium and thereof 98.974 3.58

7 Cotton and Textiles 86.915 3.14

8 Tobacco 76.835 2.78

9 Plastics and Polybags 56.406 2.04

10. Footwears 55.811 2.02

Source: Compiled from Cobalt returns to NEPC, 2011.

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3.6 EXPORTED PRODUCTS:

About 117 different products were exported during the period

under review. The highest export product was Cocoa Beans. Its

export value was US$ 713.268 million which accounted for 25.79%

of the total export value for year 2012. The group, Cocoa and Cocoa

preparations jointly contributed about 30% (US$ 832.431 million)

of the year total.

3.7 In the second position was Finished Leather whose export value

was US$ 494. 628 million (17.89%) and in the third position was

Rubber with export value of US$ 285.432 million (10.32%).

3.8 Cocoa and Cocoa Products sector has been a leading export

product for the past 10 years and traditionally followed by leather.

Any attempt to undermine these sectors through policy measures

will impact negatively on the performance of Non-oil Export Sector.

Table 4: NEW PRODUCTS ON EXPORT SCENE.

PRODUCT QUANTITY

(M.T.)

VALUE

(US$)

MONTH OF

EXPORT

DESTINATION

Moringa Leave

Powder

0.20 1,201.20 December United States

Baobab Powder

and Oil

7.5 3,043.83

(£1,860.00)

July Chad

Source: Compiled from Cobalt returns to NEPC, 2011.

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3.9 EMERGENCE OF NON-TRADITIONAL EXPORT PRODUCTS:

In 2011, two new products were captured as having been exported

formally. These products are Moringa Leave Powder and Baobab

Powder & Oil. They were exported to United States of America and

United Kingdom respectively. Their contribution is as summarized

above.

3.10 DESTINATION OF EXPORTS.

TABLE 5: DESTINATION OF NON-OIL EXPORT BY ECONOMIC GROUP.

ECONOMIC GROUP VALUE (US$) % OF TOTAL RANK

Europe 1,478.883 million 61.66 1

Asia 637.512 million 23.06 2

Africa 372.838 million 13.48 3

Americas 227.246 million 8.22 4

Middle East 48.484 million 1.75 5

Oceania 0.029 million 0.01 6

TOTAL 2,765.393 million 100.00

Source: Compiled from Cobalt returns to NEPC

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Pie Chart: Non-oil Export Destination by Percentage, 2011.

3.11 The highest non-oil exports from Nigeria in 2011 was to

Netherlands with export value worth US$ 464.571 million

representing 16.80% of the total export, as European nations

imported Nigeria’s non-oil product more than any other economic

group during the period under review. Europe’s import was US$

1,478.883 million which was 53.48% of the total non-oil export

value. Europe was distantly followed in the second position by Asia

which received goods worth US$ 637.512 million (23.06%). Africa

came third with 13.48% of the total value. Of the 13.48%

contributed by Africa, ECOWAS had 9.99% leaving 3.49% for the

Europe, 53.48%

Asia, 23.06%

Americas,

8.22%

Africa, 13.48%

Middle East,

1.75% Oceania, 0.01%

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rest of Africa. Other details are as presented on Table 5 and the

chart above showing the performance by each regional economic

group:

Table 6: Top 10 importing Countries

RANK COUNTRY VALUE

(US$ m)

% CONTRIBUTION

1 Netherlands 464.571 16.80

2 Italy 353.751 12.79

3 China (incl. Taiwan

and Hong Kong)

178.374 6.45

4 Spain 146.976 5.32

5 United States 134.317 4.86

6 Germany 124.854 4.52

7 Japan 115.665 4.18

8 Ghana 113.029 4.09

9 India 104.531 3.78

10 Vietnam 103.411 3.74

Source: Compiled from Cobalt returns to NEPC, 2011.

3.12 The top ten most performing countries in term of importing non-oil

products from Nigeria are as summarized in table 6. Ironically, only

one African country, Ghana was among the 10, with a contribution

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of US$ 113.029 million (4.09%) and took the 8th position. Nigeria’s

hitherto traditional export market, United Kingdom (U.K.) was not

listed among the top-ten positions. It came13th in 2011, as more

Nigerian exporters have found better offers and friendlier tariffs

regime in other EU markets. All together, Nigeria’s non-oil exports

went to ninety-nine (99) countries in the six economic regions of

the world.

3.13 MARKET DIVERSIFICATION/EMERGING MARKETS

Although, Europe still dominated our non-oil export scene, some

efforts are being made by some exporters to expand into other

markets especially in Africa. This salutary effect may have been as

a result of NEPC coordinated foreign trade fairs. These individual

efforts resulted in the addition of three new countries Oman, Papua

New Guinea and Trinidad and Tobago. These countries and their

performance are as shown on the table below:

S/NO COUNTRY VALUE (US$) % PRODUCTS

1 Oman 22,099.40 0.001 PK Expeller Meal

2 Papua New Guinea 117,444.38 0.004 LLDPE Prime Grade

3 Trinidad and

Tobago

46,375.00 0.002 Preforms

Source: Compiled from Cobalt returns to NEPC, 2011.

31

CHAPTER FOUR

4.0 POLICIES, PROJECTS AND PROGRAMMES:

The Nigerian Export Promotion Council in its effort to promote

non-oil export in a bid to diversify the economy has identified

some key priority Policies, Programmes and Projects for effective

implementation so as to achieve its target and mission within the

context of the Transformation Agenda of the Federal Government

and Nigeria Vision 20:2020.

NATIONAL EXPORT STRATEGY AND ACTION PLAN:

The National Export Strategy (NES) was formulated under a

Commonwealth Secretariat Technical Cooperation Project during

2003-2005. It was approved by the Federal Executive Council in

2005 and has since been adopted as the official policy document of

the Federal Government on non-oil exports.

Recognizing that the most difficult challenge and threat facing the

Federal Government is unemployment, especially youth

unemployment, the management of NEPC, supported by the

Organized Private Sector (OPS), has taken a bold decision to re-

invigorate the implementation of the NES in view of the huge

potential and economic opportunities of the non-oil sector and the

ability of export to create jobs.

Project ideas have been identified from the NES in the form of

project profiles. Each profile is designed to describe the essential

features of a project. Thus, the profiles are meant to contain the

minimum information that a government or a financing

Development Partner needs to make an assessment and express

interest in financing the project. Upon receiving a Donor’s express

financial interest in a project, the Project Profile will be elaborated

32

into a full-fledged project document and submitted for the financial

consideration of the Donor. The Project Profiles are therefore

important tools within the framework of the Action Plan for

resource mobilization. Thus, it is to be expected that several

projects will emerge from the Action Plan based on specific criteria

and methodology for product/project selection. The purpose of the

Action Plan is to provide an instrument for accelerated

implementation of National Export Strategy Framework.

The Council has been liaising with the National Planning

Commission, donor fund coordinating Agency, seeking fund to

implement the plan.

CHAPTER FIVE

5.0 CONCLUSION:

It is however important to note that while NEPC is a key driver of

the promotion of non-oil export, it will ensure that the sector will

continue to grow and contribute significantly to the development of

the Nigerian economy.

DAVID I. ADULUGBA, Esq EXECUTIVE DIRECTOR/CEO NIGERIAN EXPORT PROMOTION COUNCIL FEBRUARY, 2013

33

NIGERIAN EXPORT

PROMOTION COUNCIL

2011

ANNUAL REPORT