Nigerian export authority - SS1 Commerce Lesson Note

The functions of the Nigerian Export Promotion Council (NEPC) include:

·         Export Promotion: The NEPC is responsible for promoting and facilitating the export of Nigerian goods and services to international markets. They provide information, guidance, and support to local businesses interested in exporting their products.

·         Market Research and Development: The NEPC conducts market research to identify export opportunities and potential markets for Nigerian products. They provide insights and data to help businesses make informed decisions regarding their export strategies.

·         Product Development and Quality Control: The NEPC works towards improving the quality and standards of Nigerian export products. They provide guidance on product development, packaging, labeling, and compliance with international quality standards to enhance the competitiveness of Nigerian exports.

·         Export Financing and Incentives: The NEPC collaborates with financial institutions and government agencies to facilitate export financing for businesses. They also provide information on available export incentives, grants, and support programs to encourage export-oriented businesses.

·         Trade Promotion and Capacity Building: The NEPC organizes trade fairs, exhibitions, and promotional activities to showcase Nigerian products and connect local exporters with potential buyers and investors. They also offer training programs and capacity-building initiatives to enhance the export capabilities and competitiveness of Nigerian businesses.

Policy Advocacy: The NEPC represents the interests of Nigerian exporters and provides input to the government on trade policies, regulations, and agreements that impact the export sector. They advocate for favorable trade policies and create an enabling environment for exporters