By Emmanuel Elebeke

The Federal government says it will address all impediments affecting the Nigerian export sector.
The Minister of Budget and National Planning, Udoma Udo Udoma, gave the assurance when members of the Organised Private Sector Exporters Association held a meeting with him at his office.

Udoma who acknowledged the challenges confronting the Nigerian exporters. assured them of the commitment of the present administration to tackle them.
His words: “we understand all issues your association has raised, like difficulties in securing foreign exchange, decline in Nigerian export, inadequate export incentive and export grant.

‘‘Government is working towards reviewing our economy and business environment. We will soon provide a clear and properly coordinated policies that will increase local production of goods, especially Nigerian exports goods. Importantly, your association as non-oil sector is an economic diversification vital pillar fully required by this administration and must be fully supported”.

The Minister further explained that the 2016 budget is structured to have 30 per cent capital allocation for Nigerian infrastructural growth, a budgetary component aspects he said will grow the nation’s economy and promote export.

Earlier in his address, the Executive Secretary of the association and leader of the delegation, Jaiyeola Paul Olarenwaju, lamented that the challenges facing his sector has led to drop in Nigerian manufacturing and export, a development that also increased unemployment.

He further solicited that export expansion grant backlog be paid to their members and that the Central Bank (CBN) should reverse its stiff policy on forex to manufacturers