Nigerian Export Promotion Council

About
NEPC
Nigerian Export Promotion Council

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 The Nigerian Export
Promotion Council (NEPC) Our Vision
The Nigerian Export Promotion Council (NEPC) was established Make the non-oil export sector a significant contributor to Nigeria’s
through the promulgation of the Nigerian Export Promotion Council GDP.
Act No. 26 of 1976 and formally inaugurated in March, 1977. This
Act was amended by Decree No. 72 of 1979 and further amended by
the Nigerian Export Promotion Decree No. 41 of 1988 and
Our Mission
complemented by the Export (Incentives and Miscellaneous
Provisions) Decree No. 18 of 1986. Furthermore, the Nigerian Export We facilitate exports to promote sustainable economic development.
Promotion Council Amendment Decree No 64 of 1992 was
promulgated to enhance the performance of the Council by
minimizing bureaucratic bottlenecks and increasing autonomy in
Activities of the Council
dealing with members of the Organised Private Sector. · To promote the development and diversification of Nigeria's
export trade;

· To assist in promoting the development of export-

related industries in Nigeria;

· To spearhead the creation of appropriate export incentives;

· To actively articulate and promote the implementation of

export policies and programmes of the Nigerian
Government;

· To co-ordinate and monitor export promotion activities in

Nigeria;

· To collect and disseminate information on products available

for export;

· Collect and disseminate local manufacturers and exporters

information on foreign markets;
About NEPC | 1 About NEPC | 2
 · Provide technical assistance to local exporters in such areas as
List of some exportable products
export procedure and documentation, transportation, from Nigeria
financing, marketing techniques, quality control, export
packaging, costing and pricing, publicity and other similar Nigeria's export policy is focused on non-oil export sector which comprises the following
areas; categories:

· Provide directly or jointly, with training institutions, training Manufactures Solid Pharmaceuticals
for its staff and assist with the manpower development of the Minerals
export community in Nigeria; Alkylate Wire rod corls Aqua Marine Analgesics
Aluminium J-bots with Rebars/ Round steel Bauxite Antibiotics
nuts Flat sheets Columbite ore Disposable Injections
· Organize and plan the participation of Nigeria in trade fairs Auto components Semis-Blooms Calcium Carbonate Antipyretics
Angies, channels, beans Structures (Iron) Coal Anti Malaria
and exhibitions in other countries; Alcoholic beverages Gold Anti Histamine
Baby clothes & other Agricultural Galena
baby products Gypsum Processed
· Administer grants and other benefits related to export commodities
Bottles (empty) Gems foods,
promotion and development; Billets Cassava Iron Ore vegetables
Chemicals Cashew nut Kaolin
Carbon black Lead Ore
& spices
Charcoal
· Undertake studies of the current economic conditions, with Cocoa butter Chillies (Dried) Marble stone Ginger
special attention to the export sector with the aim of advising Cocoa cake Cocoa beans Pyrite Garlic
Cocoa powder Coffee Sapphire Ukazi
Government on necessary policies and measures; Cocoa liquor Cotton Lint Tin Cassava Flour/
Confectioneries Cotton Tin Metal Ingot Derivatives
Cosmetics & soaps Fish Tourmaline Garri
· Co-operate with other institutions on matters relating to Cylinders Fruits Tantalite Locust Beans
export financing, export incentives and specialized services to Delvac 1340 Ginger Wolframite Yam Flour
Detergents Groundnut Zinc Alloy Ingot Plantain Flour
exporters; Doors (wooden) Gum Arabic Zinc Ore Ground Rice
Drilling equipment Horns (Cow) Zircon Ground Maize
Electrical wires Kolanuts Ground Crayfish
· Engage in export promotion publicity; Floor parquets Poultry Handicrafts Bitter Leaf
Furniture components Rubber Ground Melon
Filaments Sesame Seed Talking drums
· Assist in finding appropriate solutions to practical problems Dehydrated
Glass sheets Sheanuts Calabash Carvings
Vegetables
encountered by exporters in the process of exportation; Glycerine Shrimps Wood Carvings
Hoof powder Skins Raffia Products Horticultural
· Plan and organize outward trade missions and provide Insecticides Metal Carvings
Snails Products
support from Nigeria; Jars (empty) Tobacco Hand-woven textiles
Lubricants Vegetables & Oil Beads Okro
Malt drinks Wheat Pellets Pottery Mangetout (French
· Services to in-ward missions from other countries; Palm kernel cake Yam Paintings (colour & beans)
Palm kernel oil canvass Chilies (Fresh & Dry)
Peugeot cars Services Mangos
· Perform such other functions as may be conductive to the Leather & footwears Pineapples
Tyres & tubes Movies Sugar Cane
achievement of the objective of the Export Decrees. For Music & other services
Textiles & garments Cut-Live-Flowers
About NEPC | 3 further information, please visit www.nepc.gov.ng About NEPC | 4
 NIGERIA Railways 2 main lines (South-West to North-East; South-East to
North-West) inter-link and terminatory at Lagos, Port Harcourt,
Country Profile, the Land and the Kaura Namoda, Maiduguri and Nguru. Major junctions at Kaduna,
People Kafanchan, Zaria. Guage 1067 mm; Total length 3505 route km.
Energy
Area 923,766 sq. km
Hydro-electric: Kainji, Jebba, Shiroro
Population 120 million (estimate)
Thermal and Gas: Egbin (Lagos), Ughelli, Afam, Sapele, National
Capital Abuja
grid for electricity distribution, National pipeline network with
Government Three-tier structure, A Federal Government, 36
regional depots for petroleum products distribution; National
State Governments, 774 Local Government Administrations
network (pipeline) for distribution of gas (under construction).
Official Language English
Currency NAIRA and KOBO. N1.00 = 100k (one Naira =
Main Indigenous Languages Hausa, Igbo and Yoruba
hundred kobo) capacity utilization 48% (2001) stock market
Main Religions Christianity, Islam, Traditional
profitability Growth 38% (1999-2000)
Main Commercial/Industrial Cities Lagos, Onitsha, Kano,
Ibadan, Port Harcourt, Aba, Maiduguri, Jos, Kaduna, Warri, Benin,
Nnewi Economic Potentials
Major Industrial Complexes
Proven Oil and Gas Reserves
Refineries and Petro-Chemicals: Kaduna, Warri, Port Harcourt,
Crude oil-24.1 billion barrels, Gas-120 trillion cubic feet
Eleme
Solid Minerals
Iron and Steel: Ajaokuta, Warri, Oshogbo, Katsina, Jos
Proven commercial deposit of Iron Ore, bitumen,
Fertilizer: Onne Port Harcourt, Kaduna, Minna, Kano
limestone, tantalite, gypsum, gold, coal, talc etc
Liquefied Natural Gas: Bonny
Water Resource
Aluminum Smelter: Ikot Abasi, Port Harcourt
26.7 billion cubic meters of surface water and 52 billion
Main Ports Lagos (Apapa, Tin-can Island), Warri, Port Harcourt,
cubic meters of ground water annually
Onne Deep Sea and Hub Port, Calabar (EPZ)
Agriculture
Main Airports Lagos, Kano, Port Harcourt, Abuja, Enugu,
34 million hectares of arable land area with conducive
Kaduna, Maiduguri, Ilorin, Jos, Owerri, Calabar, Yola, Sokoto
vegetation for farming/ranching
Road Network Over 15,000 km of intercity all weather paved
roads, including dual carriage express trunks

About NEPC | 5

About NEPC | 5 About NEPC | 6

 Procedure for setting up Some Exportable Products from Nigeria
businesses (starting up)

A foreigner desirous of doing business in Nigeria must obtain

immigration clearance.

Businesses must be incorporated under Nigerian Law, by the Registrar

General of the Corporate Affairs Commission (CAC). A foreign
company wishing to set up business operations in Nigeria should take
all steps necessary to obtain local incorporation of the Nigerian
branch of subsidiary as a separate entity in Nigeria for that purpose.

Before the commencement of operations, the locally incorporated

branch or subsidiary must then register with NIPC. In addition, the
new company must also apply to NIPC for other investment approvals
such as expatriate quota and other incentives.

Operating licenses
Certain enterprises require approvals and/or licenses to operate,
whether owned by Nigerians or not, e.g. banking (regulatory agency
of which is the Central Bank of Nigeria (CBN), insurance (National
Insurance Commission, (NAICOM), telecommunications (Nigerian
Communication Commission, (NCC) and the oil sector (Dept. of
Petroleum Resources, (DPR).

Key Contacts
Country code +234, Area code 09

Nigerian Export Promotion Council (NEPC)

Tel 09 5230980, 5233380, 5230930
Fax 234 9 5230931 Website www.nepc.gov.ng
About NEPC |3

About NEPC | 7 About NEPC | 8

Some Exportable Products from Nigeria Economic and Financial Crimes Commission (EFCC)
Tel +234 9 6441000 Website www.efccnigeria.org
Nigerian Communications Commission (NCC)
Tel +234 9 0330, 2344589 Website www.ncc.gov.ng
Nigerian National Petroleum Corporation (NNPC)
Tel +234 9 8200 19 Website www.nnpc-nigeria.com
Federal Ministry of Agriculture
Tel +234 9 3142747 Fax +23493140347
Federal Ministry of Finance
Tel +234 9 6291 5, 2340512 Website www.fmf.gov.ng
Federal Ministry of Industries
Tel +234 9 1387
Federal Ministry of Commerce
Tel +234 9 1490, 2341541
Standards Organisation of Nigeria (SON) Lagos
Tel +234 9 1 2708238 - 46 Website www.sononline-ng.org
Power Holding Company of Nigeria (PHCN)
Tel +234 9 5231231 Website www.nepanigeria.org
Nigerian Customs Service
Tel +234 9 6291 5 Website www.nigeriacustoms.org
Nigeria Ports Authority (NPA)
Tel +234 9 5237141 2, 5237143 Website www.aboutnpa.co.uk
National Agency for Food, Drug Administration
& Control (NAFDAC)
Tel +234 9 5240994 - 5 Website www.nafdacnigeria.org
Nigeria Export-Import Bank (NEXIM)
Tel: 234-9-2346141-9 Websiteneximbank.com.ng

About NEPC | 9 About NEPC | 10

 Nigeria trade Profiles 2005
BASIC INDICATORS ANNUAL PERCENTAGE CHANGE

MERCHANDISE TRADE 2001 1995- 2003 2004

2001 2004

Real GDP (1995= 100) 138 4 11 4

Population (thousands, 2004) 139,824
Exports of goods and services
GDP (million current US$, 2004) 72,106
(volume, 1995=100) 120 2 32 -2
GDP (million current PPP US$, 2004) 155,571
Imports of goods
Current account balance (million US$, 1999) 506
and services (volume, 1995=100) 191 7 11 -3
Trade per capita (US$, 1997-1999) 219
Trade to GDP ratio (1997-1999) 76.9
Value 1995- 2003 2004
2004 2004
Merchandise exports,
f.o.b (million US$) 31,148 11 32 57
Merchandise imports,
c.i.f (million US$) 14,164 6 44 31

Rank in world trade (2004) Exports Imports 2004 (exports) 2004 (imports)

Share in world total 0.34 0.15

Merchandise 47 61 Breakdown in economy's total
Commercial Services 84 53 by main commodity group (ITS)
Merchandise excluding intra-EU trade 32 42 Agricultural products 0.0 16.1
Commercial serv.excl. intra-EU trade 61 36 Fuels and mining products 97.9 17.6
Manufacturers 2.1 66.3

About NEPC | 11 About NEPC | 12

 ANNUAL PERCENTAGE CHANGE
Public & Private Export-Related
Institutions
BY MAIN DESTINATION 2004 BY MAIN ORIGIN 2004

Nigeria Export-Import Bank Nigeria Association of

United States 38.3 European Union (25) 33.1 (NEXIM) Chambers of Commerce,
European Union (25) 21.8 United States 15.6 Plot 795, IBB Drive 8th Street, Industry, Mines and Agriculture
India 9.9 China 7.2 Central District Area, P.M.B. 276, (NACCIMA)
Brazil 6.8 Korea 2.8 Garki, Abuja. No 15A, Ikorodu Road, Maryland,
Tel: 234-9-2346141-9 P.M.B 12816, Lagos
Japan 4.0 United Arab Emirates 2.6
Fax: 234-9-2346151-2 Tel: 234-1-4964727
Unspecified destinations 1.0 Unspecified origins 15.0 e-mail: Fax: 234-14964737
neximabj@neximbank.com.ng e-mail: naccima@supernet300.com
COMMERCIAL
SERVICES TRADE 2001 1995- 2003 2004 Raw Materials Research and Manufacturers Association of
2004 Development Council (RMRDC) Nigeria (MAN)
Commercial services exports Plot 427, Aguiyi Ironsi Street, MAN House, 77, Obafemi
Maitama District P.M.B. 232, Garki Awolowo Way, Ikeja.
(million US$) 1446 10 25 -4
Abuja. P.O.Box 3835, Lagos
Commercial services imports Tel: 234-9-4136035, 4137416, Tel: 234-1-4974250-3
(million US$) 4207 0 21 -13 4137417, 4136949 Fax: 234-1-4974247
Fax: 234-9-4136043 Telegram: MANASSOC. LAGOS
2004 2004 e-mail: ceo@rmrdc.nig.com
(exports) (imports) Association of Nigeria
National Agency for Food, Drug Exporters (ANE)
Share in world total 0.07 0.20 Administration & Control 41 Chingola Street, Off Yaounde
Breakdown in economy's total by principal (NAFDAC) Street, Wuse Zone 6, P.O.Box 3941,
services item Plot 2032 Olusegun Obasanjo Way, Garki, Abuja.
Transportation 12.0 19.8 Wuse Zone 7, Abuja FCT Mobile: 0802 333 6437
18.7 Tel: +234 9 524099516, Tel/Fax: +234 -9 -5233489
Travel 5.5
+234 1 4528031 e-mail: exportnigeria@hotmail.com
Other Commercial services 82.5 61.4 Fax: +234 9 5241461
Website: www.nafdacnigeria.org

Standards Organisation of
Source WTO Trade Profiles 2005 Nigeria (SON) Lagos
Plot 1687, Lome Street, Wuse Zone
7, Abuja, Nigeria
Tel: +234 9 5239187
Website: www.sononline-ng.org

About NEPC | 13 About NEPC | 14