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Nigerian Export Promotion Council
The Nigerian Export Promotion Council (NEPC) was established through the promulgation of the “Nigerian Export Promotion Council Decree No. 26 of 1976”, now an Act in line with the democratic governance of the Country. This Act was amended by Decree No. 72 of 1979 and further amended by the Nigerian Export Promotion Decree No. 41 of 1988 and complemented by the Export (Incentives and Miscellaneous Provisions) Decree No. 18 of 1986. Furthermore, the Nigerian Export Promotion Council (Amendment) Decree No. 64 and 65 of 1992 was promulgated to enhance the performance of the Council. The Council is the leading Federal Government Agency charged with the responsibility of promoting non-oil export in Nigeria to diversify away from oil and build a formidable economy headquartered in Abuja, FCT No.40 Blantyre Street, Wuse II. History The Nigerian Export Promotion Council] (NEPC) was established through the promulgation of the Nigerian Export Promotion Council Decree No. 26 of 1976 a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nigeria
Nigeria ( ), , ig, Naìjíríyà, yo, Nàìjíríà, pcm, Naijá , ff, Naajeeriya, kcg, Naijeriya officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf of Guinea to the south in the Atlantic Ocean. It covers an area of , and with a population of over 225 million, it is the most populous country in Africa, and the world's sixth-most populous country. Nigeria borders Niger in the north, Chad in the northeast, Cameroon in the east, and Benin in the west. Nigeria is a federal republic comprising of 36 states and the Federal Capital Territory, where the capital, Abuja, is located. The largest city in Nigeria is Lagos, one of the largest metropolitan areas in the world and the second-largest in Africa. Nigeria has been home to several indigenous pre-colonial states and kingdoms since the second millennium BC, with the Nok civilization in the 15th century BC, marking the first ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Decree
A decree is a legal proclamation, usually issued by a head of state (such as the president of a republic or a monarch), according to certain procedures (usually established in a constitution). It has the force of law. The particular term used for this concept may vary from country to country. The ''executive orders'' made by the President of the United States, for example, are decrees (although a decree is not exactly an order). Decree by jurisdiction Belgium In Belgium, a decree is a law of a community or regional parliament, e.g. the Flemish Parliament. France The word ''décret'', literally "decree", is an old legal usage in France and is used to refer to executive orders issued by the French President or Prime Minister. Any such order must not violate the French Constitution or Civil Code, and a party has the right to request an order be annulled in the French Council of State. Orders must be ratified by Parliament before they can be modified into legislative Acts. Special ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Segun Awolowo
Olusegun Awolowo Jr. (born 27 September 1963), is a Nigerian lawyer, he was the executive director of Nigerian Export Promotion Council, from 2013 to 2021. He is the grandson of former Nigerian nationalist, socialist and statesman, Chief Obafemi Awolowo. In July 2021, he was unanimously elected as the President of National Trade Promotion Organizations (TPOs) from ECOWAS member States. Early life Awolowo was born on 27 September 1963, his father (Segun Awolowo Sr.) died in 1963 at age 25 by car accident at the old Ibadan-Lagos road. He was born two months after his father's death, he attended primary school in custody of his aunt, Mrs Tola Oyediran (nee Awolowo) and her husband Prof. Kayode Oyediran. Before then, he lived with his mother alongside his other siblings. Education Awolowo started his education at the Mayhill Convent School alongside Dolapo Osinbajo, wife of Vice President Yemi Osinbajo, all in the custody of Prof and Mrs Oyediran. From there, he proceeded to Igb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Nigeria
The Economy of Nigeria is a middle-income, mixed economy and emerging market with expanding manufacturing, financial, service, communications, technology, and entertainment sectors. It is ranked as the 27th-largest economy in the world in terms of nominal GDP, and the 24th-largest in terms of purchasing power parity and the largest Sub Saharan Africa’s economy. Nigeria has the largest economy in Africa. The country's re-emergent manufacturing sector became the largest on the continent in 2013, and it produces a large proportion of goods and services for the region of West Africa. In addition, the debt-to-GDP ratio. Nigerian GDP at purchasing power parity (PPP) has almost tripled from $170 billion in 2000 to $451 billion in 2012 ,though estimates of the size of the informal sector (which is not included in official figures) put the actual numbers closer to $630 billion. Subsequently, the GDP per capita doubled from $1400 per person in 2000 to an estimated $2,800 per person ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
LADOL
Lagos Deep Offshore Logistics Base (LADOL), officially LADOL Free Zone, also known as LADOL Base or the initials LFZ, is an industrial Special Economic Zone, Free Zone privately owned logistics and engineering facility located on an island in the Port of Apapa, Lagos, Nigeria. LADOL was designed to provide logistics, engineering and other support services to offshore oil & gas exploration and production companies operating in and around West Africa. History LADOL's developer, LiLe, began the construction of the logistics and engineering base in 2001 and commenced full operations in 2006. In June 2006, LADOL was designated as a Free economic zone, Free Zone pursuant to the Nigeria Export Processing Zones Act No. 63 1992. Completed at a cost of US$150 million, LADOL's initial infrastructures included: a 200m quay, 8.5m draft, 25-ton/m2 high load bearing area and additional 30-ton bollards at either end that can accommodate up to six platform supply vessel, supply vessels and th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Special Economic Zone
A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increased investment, job creation and effective administration. To encourage businesses to set up in the zone, financial policies are introduced. These policies typically encompass investing, taxation, trading, quotas, customs and labour regulations. Additionally, companies may be offered tax holidays, where upon establishing themselves in a zone, they are granted a period of lower taxation. The creation of special economic zones by the host country may be motivated by the desire to attract foreign direct investment (FDI). The benefits a company gains by being in a special economic zone may mean that it can produce and trade goods at a lower price, aimed at being globally competitive. In some countries, the zones have been criticized for being l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Trade Of Nigeria
The Economy of Nigeria is a middle-income, mixed economy and emerging market with expanding manufacturing, financial, service, communications, technology, and entertainment sectors. It is ranked as the 27th-largest economy in the world in terms of nominal GDP, and the 24th-largest in terms of purchasing power parity and the largest Sub Saharan Africa’s economy. Nigeria has the largest economy in Africa. The country's re-emergent manufacturing sector became the largest on the continent in 2013, and it produces a large proportion of goods and services for the region of West Africa. In addition, the debt-to-GDP ratio. Nigerian GDP at purchasing power parity (PPP) has almost tripled from $170 billion in 2000 to $451 billion in 2012 ,though estimates of the size of the informal sector (which is not included in official figures) put the actual numbers closer to $630 billion. Subsequently, the GDP per capita doubled from $1400 per person in 2000 to an estimated $2,800 per pers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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