Which of the following is statutorily responsible for providing information and incentives required to increase the volume of Made-in-Nigeria goods in forei...
Which of the following is statutorily responsible for providing information and incentives required to increase the volume of Made-in-Nigeria goods in foreign markets?
Answer Details
The statutory body responsible for providing information and incentives required to increase the volume of Made-in-Nigeria goods in foreign markets is the Nigeria Export Promotion Council (NEPC). The NEPC is a government agency established to promote non-oil exports in Nigeria. Its primary responsibility is to develop and implement export promotion strategies that will increase the volume and value of non-oil exports in the country.
The NEPC provides various services to exporters such as market intelligence, export promotion activities, capacity building, and export documentation assistance. It also collaborates with other government agencies and private sector organizations to create an enabling environment for export growth.
Therefore, if a Nigerian manufacturer or exporter wants to increase the volume of their goods in foreign markets, they can approach the NEPC for support, guidance, and incentives. The NEPC can provide information on export markets, export documentation requirements, export financing, and other relevant information that will help the manufacturer or exporter succeed in the export market.