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launched in Jigawa state on October, 8 2024. The choice of Sesame and Hibiscus is predicated on the fact that the global Hibiscus flower and Sesame seed market size was estimated at $7.44 billion in 2023 and is expected to reach $11.15 billion by 2032 and there has been a boost in exports and revenue since NEPC signed an MOU with Mexico in October 2023.
Working with the World Trade Organisation (WTO), the NEPC launched the Standard Trade Development Facility aka STDF 845 project in March 2024. The focus is on boosting revenue from cowpea and sesame by significantly reducing the number of rejected cowpea & sesame exports at international borders through better compliance with Maximum Residue Levels of pesticides & avoidance of Salmonella contamination in the targeted value chains.
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The council is also providing further support in the areas of capacity training workshops, certifications (Halal, ISO, Organic), labeling and packaging. In H1 2024, 90 capacity-building programmes were held with 10,780 participants benefitting.
To facilitate the export process, NEPC under Ayeni’s watch has established Domestic Export Warehouses to streamline and facilitate export cargo consolidation. The council has also launched a brand logo for Shea Nigeria sector and established a business cluster for the Shea sector in Nigeria.
What has Nonye Ayeni done to enhance the participation of women in the non-oil export sector? NEPC launched the NEPC-ITC SheTrades partnership to connect more women-owned businesses to global markets while facilitating women empowerment and inclusion in the non-oil export trade. The overarching objective is to enhance the skills, capacity and competitiveness of women while generating employment and export revenues through increased productivity of women-owned businesses.
To conclude, it is germane to emphasise the importance of the non-oil export sector in helping Nigeria diversify from over dependence on oil. A Vanguard report of October 14, 2024 referenced comments credited to World Bank Vice President and Chief Economist, Mr. Indermit Gill who spoke at the opening session of #NES30# in Abuja. “In the coming years, Nigeria’s policymakers face three key options. First, prioritize non-oil exports…”
Geo-political and domestic disruptions in the oil and gas value chain continue to impact both output and revenue and non-oil exports should be the game changer. The reasons are not hard to see. Nigeria produces over 1,000 agricultural products & derivatives in commercial quantities and we also boast about 44 minerals. Nothing spells potential more than those and we are lucky to have two tried and tested amazons in the driving seat of the non-oil export trade and diversification train.
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