Support businesses with infrastructure, finance, logistics to boost export – Expert tells FG

Reacting to the development, the Chief Executive Officer (CEO), Centre for the Promotion of Private Enterprise (CPPE), Dr Muda Yusuf in a chat with PRESSINFORMAT on Monday while commending the feat, said federal government needs to support real sector with infrastructure, financing and logistics.

According to him, “It is commendable that the non-oil sector is improving.

“We are hoping that more will be done. For this to be done we are expecting productivity in the non-oil, competitiveness is very low.

“We need to support the real sector, with appropriate infrastructure, financing and logistics. The bulk of the trade within the Economic Community of West African States (ECOWAS) is informal which aren’t not recorded, so if this is formalized the figure of export may jump”, he said.

Yusuf who was also the former Director General Lagos Chamber of Commerce and Industry (LCCI) recommended that, “All the problems of exporting should be sorted out; problems with the Nigeria Ports, multiple checkpoints, non-tariffs and others should be addressed”.