World Bank, Others Brace 230.5m Euro On Nigeria’s Non-Oil Export
Editor
The World Bank, UK Department for International Development (DFID) European Union, United Nations Industrial development Organisation (UNIDO) among others, have committed 230.5 million Euros to support the Federal Government in developing policies and implementing measures to improve the nation’s competitiveness in the non-oil-related sectors.
With a timeline for achieving the target set before 2020, amid the implementation of trade agreements with Europe, the international agencies hope to improve the business/investment climate and facilitate international trade in order to contribute to job creation and poverty alleviation.
Besides, stakeholders equally attributed high rejection of products from Nigeria to poor packaging and labeling, stating that most products being exported to European Union countries are bagged in Ghana-must-go sacks and poorly labeled.
Speaking at a workshop organized by the UNIDO National Quality Infrastructure Project (NQIP) for media professionals on the “Concept of Quality in Nigeria” in Minna, Niger State, on Monday, UNIDO’s Chief Technical Adviser, NQIP, Dr. Charles Malata explained that lack of quality infrastructure has limited Nigeria’s export performance in the non-oil export as conformity to international standards has been very low.
