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Ekiti partners NEPC to export banana

Ekiti partners NEPC to export banana
The Kayode Fayemi administration in Ekiti State says it has defrayed inherited debts to the tune of 31 billion naira since assumption of office.

Ekiti State Commissioner for Trade and Industries, Mr Muyiwa Olumilua, has reiterated the commitment of the Kayode Fayemi-led administration to creating an enabling environment for individuals and corporate bodies.

Speaking in Ado Ekiti while declaring open a Stakeholders’ Forum on Banana Development for Export, Olumilua noted that the various proactive programmes embarked upon by the investor-friendly administration has created an enabling environment for investment to thrive in the State.

Olumilua listed some of the administration’s projects to include the establishment of a cargo airport to ease transportation of goods to and from the State, clearing of 5,000 hectares of land for farming, facilitation of the establishment of the NEPC office in the State, to eliminate the stress of going to Akure before exporters can assess the support of the council, various tax incentives, as well as provision of proactive security architecture to guarantee the safety of lives and property.

He noted that the One-State-One-Product (OSOP) initiative is an essential part of the “Zero Oil” plan, where all states of the federation are to identify at least one strategic export product and its alternate product, based on their comparative advantage, from which the country can earn foreign exchange.

Olumilua explained that since the State is one of the highest producers of banana and cassava in Nigeria, the partnership with NEPC would go a long way in supporting the agenda of tracking economic, commercial, infrastructural as well as the agricultural and industrial revolution in the State.

“With the proactive measures put in place by the State government, Ekiti has no business with poverty anymore. It is a known fact the State is landlocked, and has virtually no prospect in oil production. The State, however, from time immemorial, has always been very rich in agriculture, and the intention of the government to make poverty history in the State has become more emboldened with the massive opportunities dotting the landscape becoming clearer. The current partnership would, in fact, further develop the economy of the State”, he said.

The Commissioner urged participants to participate actively, in order to achieve the desired result of ensuring the ease of doing business and boosting the economy of the State.

Delivering the keynote address, the Executive Director/CEO of the Nigeria Export Promotion Council, Mr. Olusegun Awolowo, commended the Ekiti State Governor, Dr. Kayode Fayemi for his efforts at developing non-oil export products in the State.

Mr. Awolowo, who was represented by the Regional Coordinator of NEPC, Mr. Samuel Oyeyipo, lamented that the almost total reliance on oil has left the country vulnerable to the price changes of an extremely price volatile commodity.

Mr. Awolowo said that the vision of NEPC is to make the world a market place for Nigerian non-oil exports, for sustainable inclusive economic growth.

According to him, “the global outlook for banana has been on the rise, and will continue on the upward surge in the years to come. This provides a lot of opportunity for the development of this product in Ekiti State”.

He assured that NEPC would continue to collaborate with the Ekiti State Government to develop non-oil export, to boost the economy of the State.

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