Finance

Nigerian exporters get boost to tap $400bn Amazon market.

The Export Expansion Facility Programme and Export and Sell Limited have partnered to empower non-oil exporters with skills needed to expand their operations and explore over $400bn monthly sales market on Amazon.

The EEFP is being implemented by the Nigerian Export Promotion Council, according to a statement.

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It said part of the partnership would enable both institutions o train the non-oil exporters on how to label their products to meet US regulators’ requirements, warehousing of the product as well as listing and sales, among others.

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According to the statement, the EEFP is geared towards disbursing N50bn export development fund that is part of the Federal Government’s N2.3tn Economic Sustainability Plan.

It said the scheme had supported over 1,100 businesses affected by the COVID-19 pandemic.

It said the NEPC had also facilitated a business focused on capacity building, training Nigerian businesses on the rudiments of improving their exports.

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The statement said Export and Sell had also been tasked with training and on-boarding over 10,000 Nigerian businesses on Amazon.

Source: punchng

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