nigeria export promotion council
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Nigerian Export Promotion Council
Nigerian Export Promotion Council
About
NEPC
www.nepc.gov.ng
+234 (0) 808EXPORTS
About NEPC | 2
Make the non-oil export sector a significant contributor to Nigeria’s
GDP.
We facilitate exports to promote sustainable economic development.
Our Vision
Our Mission
Activities of the C ouncil · To promote the development and diversification of Nigeria's
export trade;
· To assist in promoting the development of export-
related industries in Nigeria;
· To spearhead the creation of appropriate export incentives;
· To actively articulate and promote the implementation of
export policies and programmes of the Nigerian
Government;
· To co-ordinate and monitor export promotion activities in
Nigeria;
· To collect and disseminate information on products available
for export;
· Collect and disseminate local manufacturers and exporters
information on foreign markets;
About NEPC | 1
The Nigerian Export Promotion Council (NEPC) was established
through the promulgation of the Nigerian Export Promotion Council
Act No. 26 of 1976 and formally inaugurated in March, 1977. This
Act was amended by Decree No. 72 of 1979 and further amended by
the Nigerian Export Promotion Decree No. 41 of 1988 and
complemented by the Export (Incentives and Miscellaneous
Provisions) Decree No. 18 of 1986. Furthermore, the Nigerian Export
Promotion Council Amendment Decree No 64 of 1992 was
promulgated to enhance the performance of the Council by
minimizing bureaucratic bottlenecks and increasing autonomy in
dealing with members of the Organised Private Sector.
The Nigerian Export Promotion C ouncil (NEPC)
· Provide technical assistance to local exporters in such areas as
export procedure and documentation, transportation,
financing, marketing techniques, quality control, export
packaging, costing and pricing, publicity and other similar
areas;
· Provide directly or jointly, with training institutions, training
for its staff and assist with the manpower development of the
export community in Nigeria;
· Organize and plan the participation of Nigeria in trade fairs
and exhibitions in other countries;
· Administer grants and other benefits related to export
promotion and development;
· Undertake studies of the current economic conditions, with
special attention to the export sector with the aim of advising
Government on necessary policies and measures;
· Co-operate with other institutions on matters relating to
export financing, export incentives and specialized services to
exporters;
· Engage in export promotion publicity;
· Assist in finding appropriate solutions to practical problems
encountered by exporters in the process of exportation;
· Plan and organize outward trade missions and provide
support from Nigeria;
· Services to in-ward missions from other countries;
· Perform such other functions as may be conductive to the
achievement of the objective of the Export Decrees. For
further information, please visit www.nepc.gov.ng
Nigeria's export policy is focused on non-oil export sector which comprises the following
categories:
List of some exportable products from Nigeria
CassavaCashew nutCharcoalChillies (Dried)Cocoa beansCoffeeCotton LintCottonFishFruitsGingerGroundnutGum ArabicHorns (Cow)KolanutsPoultryRubberSesame SeedSheanutsShrimpsSkinsSnailsTobaccoVegetables & OilWheat PelletsYam
AlkylateAluminium J-bots with nutsAuto components Angies, channels, beansAlcoholic beveragesBaby clothes & otherbaby products Bottles (empty)BilletsChemicalsCarbon blackCocoa butterCocoa cakeCocoa powderCocoa liquorConfectioneriesCosmetics & soapsCylindersDelvac 1340DetergentsDoors (wooden)Drilling equipmentElectrical wiresFloor parquetsFurniture componentsFilamentsGlass sheetsGlycerineHoof powderInsecticidesJars (empty)LubricantsMalt drinksPalm kernel cakePalm kernel oilPeugeot carsLeather & footwearsTyres & tubesTextiles & garments
Aqua MarineBauxiteColumbite oreCalcium CarbonateCoalGoldGalenaGypsumGemsIron OreKaolinLead OreMarble stonePyriteSapphireTinTin Metal IngotTourmalineTantaliteWolframiteZinc Alloy IngotZinc OreZircon
MoviesMusic & other services
Agricultural commodities
Manufactures Solid Minerals
Services
Handicrafts
Talking drumsCalabash CarvingsWood CarvingsRaffia ProductsMetal CarvingsHand-woven textilesBeadsPottery Paintings (colour & canvass
AnalgesicsAntibioticsDisposable InjectionsAntipyreticsAnti MalariaAnti Histamine
Pharmaceuticals
Wire rod corlsRebars/ Round steelFlat sheetsSemis-BloomsStructures (Iron)
GingerGarlicUkaziCassava Flour/DerivativesGarriLocust BeansYam FlourPlantain FlourGround RiceGround MaizeGround CrayfishBitter LeafGround MelonDehydrated Vegetables
Processed foods,vegetables & spices
HorticulturalProducts
OkroMangetout (French beans)Chilies (Fresh & Dry)MangosPineapplesSugar CaneCut-Live-Flowers
About NEPC | 3 About NEPC | 4
About NEPC | 5
Area 923,766 sq. km
Population 120 million (estimate)
Capital Abuja
Government Three-tier structure, A Federal Government, 36
State Governments, 774 Local Government Administrations
Official Language English
Main Indigenous Languages Hausa, Igbo and Yoruba
Main Religions Christianity, Islam, Traditional
Main Commercial/Industrial Cities Lagos, Onitsha, Kano,
Ibadan, Port Harcourt, Aba, Maiduguri, Jos, Kaduna, Warri, Benin,
Nnewi
Major Industrial Complexes
Refineries and Petro-Chemicals: Kaduna, Warri, Port Harcourt,
Eleme
Iron and Steel: Ajaokuta, Warri, Oshogbo, Katsina, Jos
Fertilizer: Onne Port Harcourt, Kaduna, Minna, Kano
Liquefied Natural Gas: Bonny
Aluminum Smelter: Ikot Abasi, Port Harcourt
Main Ports Lagos (Apapa, Tin-can Island), Warri, Port Harcourt,
Onne Deep Sea and Hub Port, Calabar (EPZ)
Main Airports Lagos, Kano, Port Harcourt, Abuja, Enugu,
Kaduna, Maiduguri, Ilorin, Jos, Owerri, Calabar, Yola, Sokoto
Road Network Over 15,000 km of intercity all weather paved
roads, including dual carriage express trunks
Country Profile, the Land and the People
NIGERIA Railways 2 main lines (South-West to North-East; South-East to
North-West) inter-link and terminatory at Lagos, Port Harcourt,
Kaura Namoda, Maiduguri and Nguru. Major junctions at Kaduna,
Kafanchan, Zaria. Guage 1067 mm; Total length 3505 route km.
Energy
Hydro-electric: Kainji, Jebba, Shiroro
Thermal and Gas: Egbin (Lagos), Ughelli, Afam, Sapele, National
grid for electricity distribution, National pipeline network with
regional depots for petroleum products distribution; National
network (pipeline) for distribution of gas (under construction).
Currency NAIRA and KOBO. N1.00 = 100k (one Naira =
hundred kobo) capacity utilization 48% (2001) stock market
profitability Growth 38% (1999-2000)
Economic Potentials
Proven Oil and Gas Reserves
Crude oil-24.1 billion barrels, Gas-120 trillion cubic feet
Solid Minerals
Proven commercial deposit of Iron Ore, bitumen,
limestone, tantalite, gypsum, gold, coal, talc etc
Water Resource
26.7 billion cubic meters of surface water and 52 billion
cubic meters of ground water annually
Agriculture
34 million hectares of arable land area with conducive
vegetation for farming/ranching
About NEPC | 5 About NEPC | 6
Some Exportable Products from NigeriaProcedure for setting up businesses (starting up)
A foreigner desirous of doing business in Nigeria must obtain
immigration clearance.
Businesses must be incorporated under Nigerian Law, by the Registrar
General of the Corporate Affairs Commission (CAC). A foreign
company wishing to set up business operations in Nigeria should take
all steps necessary to obtain local incorporation of the Nigerian
branch of subsidiary as a separate entity in Nigeria for that purpose.
Before the commencement of operations, the locally incorporated
branch or subsidiary must then register with NIPC. In addition, the
new company must also apply to NIPC for other investment approvals
such as expatriate quota and other incentives.
Operating licensesCertain enterprises require approvals and/or licenses to operate,
whether owned by Nigerians or not, e.g. banking (regulatory agency
of which is the Central Bank of Nigeria (CBN), insurance (National
Insurance Commission, (NAICOM), telecommunications (Nigerian
Communication Commission, (NCC) and the oil sector (Dept. of
Petroleum Resources, (DPR).
Key Contacts
Country code +234, Area code 09
Nigerian Export Promotion Council (NEPC)
Tel 09 5230980, 5233380, 5230930
Fax 234 9 5230931 Website www.nepc.gov.ngAbout NEPC | 3
About NEPC | 7 About NEPC | 8
Some Exportable Products from Nigeria Economic and Financial Crimes Commission (EFCC)
Tel +234 9 6441000 Website www.efccnigeria.org
Nigerian Communications Commission (NCC)
Tel +234 9 0330, 2344589 Website www.ncc.gov.ng
Nigerian National Petroleum Corporation (NNPC)
Tel +234 9 8200 19 Website www.nnpc-nigeria.com
Federal Ministry of Agriculture
Tel +234 9 3142747 Fax +23493140347
Federal Ministry of Finance
Tel +234 9 6291 5, 2340512 Website www.fmf.gov.ng
Federal Ministry of Industries
Tel +234 9 1387
Federal Ministry of Commerce
Tel +234 9 1490, 2341541
Standards Organisation of Nigeria (SON) Lagos
Tel +234 9 1 2708238 - 46 Website www.sononline-ng.org
Power Holding Company of Nigeria (PHCN)
Tel +234 9 5231231 Website www.nepanigeria.org
Nigerian Customs Service
Tel +234 9 6291 5 Website www.nigeriacustoms.org
Nigeria Ports Authority (NPA)
Tel +234 9 5237141 2, 5237143 Website www.aboutnpa.co.uk
National Agency for Food, Drug Administration
& Control (NAFDAC)
Tel +234 9 5240994 - 5 Website www.nafdacnigeria.org
Nigeria Export-Import Bank (NEXIM)
Tel: 234-9-2346141-9 Websiteneximbank.com.ng
About NEPC | 9 About NEPC | 10
Rank in world trade (2004)
Merchandise
Commercial Services
Merchandise excluding intra-EU trade
Commercial serv.excl. intra-EU trade
Exports
47
84
32
61
Imports
61
53
42
36
Nigeria trade Profiles 2005
Population (thousands, 2004)
GDP (million current US$, 2004)
GDP (million current PPP US$, 2004)
Current account balance (million US$, 1999)
Trade per capita (US$, 1997-1999)
Trade to GDP ratio (1997-1999)
2001
139,824
72,106
155,571
506
219
76.9
BASIC INDICATORS ANNUAL PERCENTAGE CHANGE
MERCHANDISE TRADE
Real GDP (1995= 100)
Exports of goods and services
(volume, 1995=100)
Imports of goods
and services (volume, 1995=100)
Merchandise exports,
f.o.b (million US$)
Merchandise imports,
c.i.f (million US$)
2001
138
120
191
Value2004
1995-2004
1995-2004
2003
11
32
11
2003
2004
4
-2
-3
2004
4
2
7
11
6
32
44
57
31
31,148
14,164
Share in world total
Breakdown in economy's total
by main commodity group (ITS)
Agricultural products
Fuels and mining products
Manufacturers
2004 (exports) 2004 (imports)
0.15
16.1
17.6
66.3
0.34
0.0
97.9
2.1
About NEPC | 11 About NEPC | 12
ANNUAL PERCENTAGE CHANGE
BY MAIN DESTINATION
United States
European Union (25)
India
Brazil
Japan
Unspecified destinations
BY MAIN ORIGIN
European Union (25)
United States
China
Korea
United Arab Emirates
Unspecified origins
2004 2004
38.3
21.8
9.9
6.8
4.0
1.0
33.1
15.6
7.2
2.8
2.6
15.0
Source WTO Trade Profiles 2005
1446
4207
10
0
25
21
-4
-13
COMMERCIAL SERVICES TRADE
Commercial services exports
(million US$)
Commercial services imports
(million US$)
Share in world total
Breakdown in economy's total by principal
services item
Transportation
Travel
Other Commercial services
2001 1995-2004
2003 2004
2004 (imports)
0.20
19.8
18.7
61.4
2004 (exports)
0.07
12.0
5.5
82.5
Nigeria Export-Import Bank (NEXIM)
thPlot 795, IBB Drive 8 Street, Central District Area, P.M.B. 276, Garki, Abuja.Tel: 234-9-2346141-9Fax: 234-9-2346151-2e-mail: [email protected]
Raw Materials Research and Development Council (RMRDC)Plot 427, Aguiyi Ironsi Street, Maitama District P.M.B. 232, Garki Abuja.Tel: 234-9-4136035, 4137416, 4137417, 4136949Fax: 234-9-4136043e-mail: [email protected]
National Agency for Food, Drug Administration & Control (NAFDAC)Plot 2032 Olusegun Obasanjo Way, Wuse Zone 7, Abuja FCTTel: +234 9 524099516, +234 1 4528031Fax: +234 9 5241461Website: www.nafdacnigeria.org
Standards Organisation of Nigeria (SON) LagosPlot 1687, Lome Street, Wuse Zone 7, Abuja, NigeriaTel: +234 9 5239187Website: www.sononline-ng.org
Nigeria Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA)No 15A, Ikorodu Road, Maryland, P.M.B 12816, LagosTel: 234-1-4964727Fax: 234-14964737e-mail: [email protected]
Manufacturers Association of Nigeria (MAN)MAN House, 77, Obafemi Awolowo Way, Ikeja.P.O.Box 3835, LagosTel: 234-1-4974250-3 Fax: 234-1-4974247Telegram: MANASSOC. LAGOS
Association of Nigeria Exporters (ANE)41 Chingola Street, Off Yaounde Street, Wuse Zone 6, P.O.Box 3941, Garki, Abuja.Mobile: 0802 333 6437Tel/Fax: +234 -9 -5233489e-mail: [email protected]
Public & Private Export-Related Institutions
About NEPC | 13 About NEPC | 14