To increase the nation’s non-oil export profile, the Executive Director of the Nigeria Export Promotion Council (NEPC), Olusegun Awolowo has sought to partner with the Federal Institute of Industrial Research, Oshodi (FIIRO) on technology switch for processing exported gadgets.
Leading a delegation of the company to FIIRO to establish analysis findings which can be commercialisable and adequate for exports, Awolowo burdened on the necessity to transfer Nigeria from an import financial system to an export financial system, citing a partnership with FIIRO as a means to such finish.
On her half, the Director-General/Chief Executive Officer of FIIRO, Gloria Elemo expressed gratitude to NEPC for believing in technology fabricated by FIIRO, including that this is able to additional strengthen the ties between FIIRO/NEPC.
She famous that the connection would assist enhance the lot of youths for job creation and poverty eradication.
Elemo stated that FIIRO is the house of indigenous applied sciences that may compete favourably with applied sciences imported into the nation.
Speaking on the mission to FIIRO, Awolowo stated the relevance of FIIRO to revamp the Nigeria financial system can’t be over emphasised, including that FIIRO, because the hub of indigenous technology in Nigeria, could be very prepared to spice up Nigeria’s export earnings.
The NEPC helmsman frowned on the export of uncooked supplies in a foreign country with out including any worth to it by means of processing, lamenting that Nigeria is but to harness the petrochemical potentials of the nation in addition to the agro allied areas so as to enhance the overseas alternate base of the nation.
Awolowo spoke of NEPC’s Zero Oil Plan to assist Nigeria’s overseas alternate, expressing his dissatisfaction on the ignorance on Nigeria parastatals on not understanding what their counterparts are doing.
He burdened the hassle of NEPC to encourage younger Nigerians to enter exports.
Commenting on technology switch, Awolowo stated his company will want FIIROs wealth of expertise to guarantee that Nigerians within the Diaspora have a pool of funding alternatives that abound in FIIRO and Nigeria as a complete.