Nigeria’s range of non-oil exports to China has received a boost with the unveiling of the Nigerian Export Trade House in China.
The facility, located in China’s Changsha Hunan Province, was unveiled at the weekend by a Nigerian Agro-processing Company, Zeenab Foods Limited, in collaboration with the Nigerian Export Promotion Council (NEPC).
The unveiling was part of deliberate efforts to boost the visibility of Nigerian non-oil products in foreign exchange earnings.
The facility was NEPC’s first initiative in Export Expansion Facility Programme (EEFP) to be established across various regions of the world to consolidate the country’s non-oil exports.
Promoters of the facility seek to expand the protocol list of products from Nigeria to China to include cassia tora seeds, soya beans, peanuts, shea butter, chilli pepper and coconut among others.
The Managing Director and Chief Executive Officer of Zeenab Foods, Victor Ayemere, was quoted to have said, during the unveiling, that the Nigerian Export Trade House in China will help to eliminate issues of trust and associated risks between buyers and sellers. He added that it will assist in providing verified off takers for various products among other services it will render across the export process and value chain.
He said: “This event marks a significant milestone in the history of trade. I would like to acknowledge the Federal Government of Nigeria and the Nigerian Export Promotion Council for entrusting Sora Zeenab with the setup and operation of the Nigerian Export Trade House China/Far East Region.
“This initiative from our government coupled with the acceptance and support from the Chinese government registers among the long list of positive developments in the bilateral relations between both countries. The opportunities presented by this development include increased visibility and accessibility of made in Nigeria goods comprising agro-commodities and value added finished products here in China, increased foreign trade dealings and earnings between both countries, and a better balance of trade.
“We are also grateful for the support from the Chinese Government and their commitment to promoting trade and investment between our two countries. The recent approvals we got under the General Administration of Customs of the Peoples Republic of China (GACC), has enabled us increase our export activities into China.
