Hajiya Saratu Iya Aliyu,the National President of NACCIMA,has said that the recent launch of the N50bn Export Expansion Facility Program (EEFP) and Grant Management Portal designed for accessing the Export Development Fund (EDF) will increase inflow of foreign exchange and expand the diversification of the nation’s economy.
Iya Aliyu,who spoke in Lagos advised medium and small scale enterprises in Nigeria to take advantage of the facilities which will be processed through the System which was launched.
She assured that her members are being encouraged to tap into the opportunities under the Facility and called on other stakeholders to be part of the initiative which are some of the strategic options to pilot Nigeria out of recession and improve on recent gain.
She also commended government on the initiative and advocated the need for efficient functioning of the digital portal to enable prompt and efficient access of Funds under the facilities.
She described the launch of the digital management oortal as a practical positive step to ensure that MSMEs across the country which are the back bones of the economy can access stimulus packages designed to save and create jobs, as concerted efforts continue to help those of them impacted by COVID-19 pandemic get back on their feet .
She also noted that it was significant that this was the first time that the EDF was being funded since the creation of the NEPC Act; and described the development as commendable.
121900cookie-checkNACCIMA Sees Prospects In N50bn Export Expansion Facility Programme