Nigeria Launches Diaspora Export Programme | Bizness Watch

Nigeria Launches Diaspora Export Programme

Nigeria’s President Goodluck Jonathan has launched the Diaspora Export Programme (DEP) initiative to help improve trade between Nigeria and other countries.The programme, a brain-child of the Ministry of Industry, Trade and Investment (MITI), would encourage the growth of Small and Medium Enterprises (SMEs), owned by Nigerians at home and abroad.According to Nigeria’s Minister of Industry, Trade and Investment, Olusegun Aganga, the objective of the Diaspora Export Programme was to “leverage on the presence of Nigerians living abroad, using their individual and collective advantage in these countries to advance the promotion of Nigeria’s non-oil export.”

President Jonathan has however urged the Nigerians in Kenya to key into the DEP as a veritable means of ensuring that trade between both countries improved in favour of Nigeria.

He told Nigerian women in Kenya, who had complained of not being able to start businesses, to liaise with the MITI on the steps to follow.

To improve trade between both countries, Nigeria and Kenya has established the Nigeria-Kenya Trade and Investment Council as a mechanism that will help double trade between them within two years. Both African nations will partner in area of tourism, agriculture and agro-processing, oil and gas, entertainment and manufacturing, among others.

Kenya’s president, Uhuru Kenyatta have also approved the issuance of five- to 10-year visas to genuine Nigerian businessmen without restriction at the just concluded Nigeria-Kenya Business Forum, adding that people to people contact will solidify and encourage businesses, especially between the two countries.

“One of my highest priorities as President of Kenya is to break various barriers against investment and trade among African nations. There is absolutely no reason why Africa should submit to poverty amidst so many opportunities,” President Kenyatta said.

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