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Nigeria’s exports hit N2.7bn in 6 months – NEPC — Daily Nigerian

The Nigerian Export Promotion Council, NEPC, says exporters raked in ₦2.7 billion from January to June.

The Executive Director of NEPC, Nonye Ayeni, said this at a one-day sensitisation seminar for exporters on export contracts and use of International Commercial Terms (INCOTERMS) organised by the council in Owerri, on Thursday.

Ayeni, represented by the Coordinator of NEPC in Imo, Anthony Ajuruchi, said that the profit was an indication of the hard-work and commitment of non-oil exporters in the country.

She said that the workshop was necessary to equip exporters with requisite knowledge of INCOTERMS as they hold the key to unlocking successful global trade transactions and improving product competitiveness.

“Understanding INCOTERMS plays a vital role in international trade, providing a standardised framework for buyers and sellers to communicate and mange their responsibilities and liabilities.