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  • USAID assists 100 Nigerian exporters

    Sep 15th, 2017

    The United States Agency for International Development (USAID) says it has assisted, 100 Nigeria exporters in its Nigeria Expanded Trade and Transport (NEXTT) program.The Agency in a statement said the exporters were able to accrue over $70 million in exports of cashew nuts, honey, beans, plantains, and cassava products to international markets.“NEXTT helped to develop non-oil exports by connecting foreign buyers with domestic small and medium enterprises, and helping them to obtain local and international food safety certifications. “ the statement added

    NEXTT also forged partnerships that promoted investments along the country’s main Lagos-Kano-Jibiya (LAKAJI) Corridor and facilitated $40 million in new agribusiness investments.It also helped the Nigeria Customs Service and the National Trade Facilitation Committee to address trade constraints like cargo clearance at the ports and moving goods from the port to the country’s interior.NEXTT helped the Nigeria Trade Facilitation Committee ratify the World Trade Organization’s Trade Facilitation Agreement (TFA).

    When fully implemented, the TFA will streamline and reduce the cost and time to trade goods across Nigeria’s borders and make Nigeria’s import and export trade more competitive and efficient.