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Sanwo-Olu Inaugurates Agric Products Export To China

News Editor by News Editor
October 7, 2024
in Business
0
Sanwo-Olu Inaugurates Agric Products Export To China

 

 

The Lagos State Governor, Babajide Sanwo-Olu, has reaffirmed his administration’s commitment to supporting private enterprise as he lauded the export of 11 containers of agricultural commodities to China.

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The commodities, consisting of Sesame Seeds, Cassia Tora, and Mica, were shipped through the Nigerian Exporters Hub, an initiative aimed at promoting non-oil exports from Nigeria.

Speaking at the event on Monday in Ikeja, the state capital, Sanwo-Olu emphasised the importance of value-added exports and encouraged Nigerian businesses to explore opportunities beyond raw materials.

“By processing our agricultural products locally, we can create more jobs, increase our export earnings, and enhance our economic competitiveness,” he said.

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The governor was represented by the Director of Commerce, Lagos State Ministry of Commerce, Cooperative, Trade and Investment, Titilayo Adeshina.

Sanwo-Olu highlighted the economic significance of the exported commodities and their potential to foster international trade and strengthen bilateral relations between Nigeria and China.

The event was organised by NEXHUB in collaboration with the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture to unveil the first batch of exports from Lagos to China.

NEXHUB is an offshoot of the Nigerian Export Trade House China and the Far East region.

He commended NEXHUB for its efforts in facilitating exports and creating opportunities for Nigerian businesses.

The governor, therefore, advised NEXHUB to continue innovating, expanding, and exploring new markets while calling on other Nigerian businesses to emulate the firm.

“Today’s event is proof that we can build resilient, inclusive and prosperous agricultural and solid mineral sectors that will serve as catalyst for national development.

“In conclusion, I declare these containers officially unveiled, symbolising Nigeria’s readiness to engage with the global market.

“I wish Nigerian Exporters Hub continued success and look forward to witnessing more milestones in Nigeria’s export journey,” he said.

The Chairman of NEXHUB, Victor Ayemere, explained that the firm was established to simplify the export process and empower Nigerians to participate in exportation, generating foreign exchange.

“We want every household to benefit from foreign exchange earnings.

“We must all work together to improve Nigeria’s economy, rather than leaving the burden solely on the government,” Ayemere said.

He noted that many Nigerians were unaware of export opportunities created by the federal government, adding that was why NEXHUB offers training programmes and practical guidance for exporters.

Ayemere said that the firm assists its subscribers to get the market and advises them on what, when and who to export to through the Nigerian Export Trade House in China.

He added that 10 containers were initially scheduled for export but an additional container was added, making it a total of 11 to be exported in the first batch. NAN

Tags: Babajide Sanwo-Olu
News Editor

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SUMMIT POST (www.summitpostnews.com) is an Online news medium, powered by Highland Media Ltd. We publish a wide range of content, including Politics, Business, Sports and Entertainment on and about Nigeria, Africa and beyond. Follow us on social media for all the latest news and analysis. Contact us: WhatsApp: +234-803-209-6072; Call: +234-705-252-6124 Email: summitpostnigeria@gmail.com

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