• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
Tuesday, July 5, 2022
Leadership News
Read in Hausa
  • Home
  • NewsLatest
    • World News
    • ASUU News
  • Politics
  • Business
  • Sports
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
  • Columns
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Podcast
No Result
View All Result
  • Home
  • NewsLatest
    • World News
    • ASUU News
  • Politics
  • Business
  • Sports
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
  • Columns
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Podcast
No Result
View All Result
Leadership News
No Result
View All Result
Home News Business

CBN, Bankers’ Committee To Launch Non-oil Exports Optimisation Framework

by Mark Itsibor
3 weeks ago
in Business
0
CBN
Share on WhatsAppShare on FacebookShare on TwitterTelegram

The maiden Summit on Non-Oil Exports under the Race to $200 billion in Foreign Exchange (FX) Repatriation (RT200) programme launched in February 2022 by the Central Bank of Nigeria (CBN), in collaboration with the Bankers’ Committee, holds in Lagos on Thursday, June 16, 2022.

With the theme: “Setting the Roadmap Toward Achieving RT200 and Non-Oil Export for Development,” the forum is expected to focus on the current situation in the economy, the commitment to addressing the challenges as well as driving the development and improvement of the non-oil export sector.

A statement issued by the director, corporate communications department of the CBN, Osita Nwanisobi, disclosed that the one-day summit specifically seeks to identify challenges across the non-oil export value chain from the perspectives of all stakeholder groups as well as provide understanding of the current situation and the implications to Nigerian citizens and the economy as a basis for urgent action.

The statement listed other objectives of the summit to include understanding trends and lessons from other countries including regional and global market outlook; share best practices across the agriculture exporting value chain and guidance on how to obtain financial assistance and to identify opportunities for improving the performance and viability of non-oil exports.

ly, it said the CBN and its partners, through the summit, seek to launch the development of a comprehensive Non-Oil Export optimisation framework.

The summit, which is expected to extract voluntary commitments, and initiatives to support the non-oil Export Renewal Plan, will feature a keynote by the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele as well as expert presentations and panel discussions to address the country’s current non-oil   export sector situation and proffer recommendations.

RELATED

buhari

EU Advocates Sustainable Devt Of Vibrant Diversified Nigerian Economy

15 hours ago
Financial Inclusion: KongaPay, UK’s Bibimoney To Onboard 65m Nigerians

Financial Inclusion: KongaPay, UK’s Bibimoney To Onboard 65m Nigerians

15 hours ago

Participants at the summit will cut across stakeholders in the non-oil sector including but not limited to the mineral resources, manufacturing and agricultural export sectors including primary agriculture players; aggregators, storage, logistics and freight transport operators; exporters; road transport agencies; security agencies and government ministries at federal and state levels.

It will be recalled that the CBN and the Bankers’ Committee in February 2022 unveiled the RT200 programme, a set of plans, policies, and programmes designed to increase the nation’s earnings exclusively from non-oil exports to US$200 billion in FX repatriation, within the next five years.

The RT200 initiative is designed to be implemented through five anchors: value adding exports facility (VEF); non-oil commodities expansion facility (NCEF); non-oil FX rebate scheme (NFRS); dedicated non-oil export terminal; and the hosting of a Bi-annual non-oil export summit.

 

Tags: Central Bank of Nigeria (CBN)
SendShareTweetShare
ADVERTISEMENT
Previous Post

Dangote Cement Shareholders Up Dividend By 25% To N20 Per Share

Next Post

Port Cost: Shippers’ Council Saves N3.3bn From Vessel Demurrage In 12 Months

ANOTHER GOOD READ

buhari
Business

EU Advocates Sustainable Devt Of Vibrant Diversified Nigerian Economy

15 hours ago
Financial Inclusion: KongaPay, UK’s Bibimoney To Onboard 65m Nigerians
Business

Financial Inclusion: KongaPay, UK’s Bibimoney To Onboard 65m Nigerians

15 hours ago
Dangote Cement’s Past Consumer Promo Winners Recount Gains
Business

Dangote Cement’s Past Consumer Promo Winners Recount Gains

16 hours ago
BON Hotels Expands Operations In Nigeria, Ghana
Business

BON Hotels Expands Operations In Nigeria, Ghana

16 hours ago
ASSBIFI Link Forex Rise On Unpatriotism Of Nigerians
Business

Private Sector: Purchasing Managers’ Index Hits 17-month Low On Cash Shortages

17 hours ago
NPA Remits N45bn To Consolidated Revenue Fund
Business

NPA Offers Tariff Relief To Attract Patronage To Calabar Port

17 hours ago
Next Post
NPA

Port Cost: Shippers’ Council Saves N3.3bn From Vessel Demurrage In 12 Months

LATEST UPDATES

PDP

Osun Poll: Vote Buying, Rigging Won’t Save APC, Oyetola – PDP Group

July 4, 2022
JUST-IN: Kaduna APC Gov’ship Candidate Picks Serving Deputy Gov As Running Mate   

JUST-IN: Kaduna APC Gov’ship Candidate Picks Serving Deputy Gov As Running Mate  

July 4, 2022
JUST-IN: We Will Call Off Strike Moment Federal Govt Accepts UTAS – ASUU

JUST-IN: We Will Call Off Strike Moment Federal Govt Accepts UTAS – ASUU

July 4, 2022
Money Laundering: ICPC Calls For Self-regulation By Estate Developers

Money Laundering: ICPC Calls For Self-regulation By Estate Developers

July 4, 2022
Pantami Tasks MTN On Additional Investments As NIN-SIM Linkage Tops 85m

Blockchain: Federal Govt To Fast-track Healthy ICT Ecosystem For Emerging Technologies

July 4, 2022
US Senate Wants Nigeria Designated As ‘Country Of Particular Concern’

Federal Govt Replies US Senators On Alleged Persecution Of Christians In Nigeria

July 4, 2022
FCTA Demolishes Multiple Illegal Structures In Gwarimpa District

FCTA Demolishes Multiple Illegal Structures In Gwarimpa District

July 4, 2022
JUST-IN: Lagos Govt Shuts School Over 5-yr-old Pupil’s Death

JUST-IN: Lagos Govt Shuts School Over 5-yr-old Pupil’s Death

July 4, 2022

© 2022 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • World News
    • ASUU News
  • Politics
  • Business
  • Sports
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
  • Columns
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Podcast

© 2022 Leadership Media Group - All Rights Reserved.