The Nigerian Export Promotion Council has listed out 22 products that can enable Nigeria secure a zero oil plan.
The NEPC made this known in its “Opportunities in the Export Market” report published recently as it noted that unemployment rate in Nigeria is at an all-time high of 33.6%, and the value of the Naira and revenue from crude oil exports are at an all-time low, coupled with the effects of the Covid-19 pandemic.
They added that Nigeria must survive in a world in which it sells no more oil, as the zero oil plan is a strategic plan to diversify Nigeria’s export portfolio to include non-oil exports such that 20% of the GDP is attributed to non-oil exports.
NEPC said, “The target is to attain $30 billion in non-oil exports by 2025 and 500,000 additional jobs created annually.
“NEPC recognises that participation of the private sector is key to the success of the Zero Oil Plan – a blueprint for non-oil export-led economic diversification agenda.”
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