First Bank promotes non-oil export with webinar series

By Favour Aliyu   First Bank of Nigeria Limited has announced the convening of a webinar series to promote non-oil export. a statement yesterday, the bank said the event which started on Tuesday is centred on deliberating opportunities that will enhance the country’s expansion of its drive towards diversifying the national economy, thereby reducing the […]

By Favour Aliyu

 

First Bank of Nigeria Limited has announced the convening of a webinar series to promote non-oil export.

a statement yesterday, the bank said the event which started on Tuesday is centred on deliberating opportunities that will enhance the country’s expansion of its drive towards diversifying the national economy, thereby reducing the reliance of oil as a mainstay of the country’s revenue.  

The first series of the virtual event has the theme, “Building Sustainable Non-Oil Export in Nigeria: Harnessing Opportunities within the AfCFTA Treaty & Agro Commodities”.

The bank said the series will have the MD/CEO, Nigerian Export Promotion Council (NEPC), Mr. Segun Awolowo; Founder and Chief Consultant of B. Adedipe Associates Limited (BAA Consult), Dr Biodun Adedipe, among others as guest speakers.  

The bank said the importance of exports in Nigeria remains a front burner conversation by individuals and organisations as it provides a means of increasing the markets for producers, and an opportunity to attract the much-needed foreign exchange earnings to boost the national economy, which is critical to expanding its Gross Domestic Product (GDP). 

Speaking on the event, the Group Head, Marketing & Corporate Communications, Folake Ani-Mumuney said: “in recent years, the country has witnessed increased activities by the government towards diversifying the economy, thereby boosting the export potentials of the country – beyond the contribution of crude oil – which has been the mainstay of the national economy for many decades.”