Nigerian Export Promotion Council, NEPC, has expressed readiness to partner with ABUAD to process timber for export as one of the moves to reduce dependence on oil as the major foreign exchange earner.
Founder of Afe Babalola University, Ado Ekiti , ABUAD, Aare Afe Babalola, SAN, has pointed out that investments in agriculture are veritable means of turning Nigeria into an exporting country.
Babalola, made the speech on Tuesday while playing host to the management team of the Nigerian Export Promotion Council, NEPC, led by the Executive Director/Chief Executive, Mr. Segun Awolowo.
The legal luminary, who expressed dismay that Nigeria still imports many products, said it has the capacity of producing emphasized that “no country can succeed without exporting its products to the international market.
According to him, ABUAD was planning to set up an industrial research park to stimulate establishment of industries and reduce importation into the country.
Babalola, SAN, advocated that agriculture should be made compulsory from primary to university level while government should provide tractors to all local governments and loans be made available to farmers.
NEPC chief executive, Awolowo explained that he is going to each state of the federation to identify a product to be marketed on the global stage under its One-State-One-Product Initiative.
He noted that as part of restructuring in the agency, he disclosed that “smart offices” will be established in the 36 states in a bid to stimulate production and dependence less on oil money.
The NEPC boss revealed that in 2014, Nigeria’s revenue was above $70 billion but recorded a shortfall of $20 billion in 2015 owing to the crash in oil prices in the international market.
He disclosed that the Federal Government will establish storage facilities at the ports to preserve perishable farm produce in readiness for their export.
Awolowo, commended the founder of ABUAD for the large expanse of ABUAD mango farm, nothing that NEPC will assist in exporting the mangoes.

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