Nigeria Export Promotion Council: Boosting the Economy and Reaching the Global Market

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Nigeria is a big, diverse country. It is the top country in Africa by population, with more than 183 million people. It also has a vibrant economy that has grown steadily over the past decade. In addition, Nigeria has a young and growing workforce that will drive its economic growth in coming years. The strength of Nigeria’s economy makes it an ideal target for international trade promotion. The key to reaching this untapped market is through an organization like the Nigeria Export Promotion Council (NEPC). This article explores what NEPC does, how it can benefit businesses, and why you should join if you want your company to thrive in Nigerian markets. Keep reading to learn more about this important council.

What is the Nigeria Export Promotion Council?

The Nigeria Export Promotion Council (NEPC) is an organization with a singular mission: to help Nigerian companies succeed in global markets. Since 1973, NEPC has been providing support to Nigerian businesses at every stage of the exporting process, from finding new markets to shipping goods to those markets and managing customer relations. NEPC supports many different industries, from the oil and gas sector to the food and textile industries. NEPC’s excellent reputation in Nigeria has made it one of the most important organizations for foreign companies looking to do business in the African country.

Why is NEPC Important for Firms Doing Business in Nigeria?

We’ve talked about how Nigeria is a big, diverse country that has a growing economy and a rapidly expanding middle class. Those factors, coupled with the fact that it is the most populous country in Africa, mean that Nigerian consumers have a lot of buying power. If you are a business looking to sell your products in African markets, Nigeria is a great place to start. But even if you are an international firm looking to expand your business globally, Nigeria is a good choice. That’s because it is one of the top destinations for foreign investment in Africa and the world. In fact, foreign direct investment in Nigeria has risen steadily over the past decade, reaching US$26 billion in 2017. Firms that want to take advantage of the Nigerian market will find NEPC to be an incredibly valuable resource. The organization can introduce firms to new partners and investors, help businesses establish partnerships with local suppliers, and provide a range of other services that will make it easier for companies to succeed in the Nigerian market. Unfortunately, some firms treat the Nigerian market as something to avoid. They focus their efforts on other African countries, or on other parts of the world, instead. For firms that do not have the resources to explore multiple markets at once, this makes sense. But firms that want to focus on Nigeria should be careful to avoid this mistake. If a firm wants to succeed in Nigerian markets, it must work with organizations like NEPC that specialize in Nigerian trade.

Benefits of Joining NEPC

There are many benefits of joining NEPC, both for companies that are just getting started in the Nigerian market and for established firms that want to expand into the country. Some of the most important include: – Networking and partnership opportunities. NEPC offers its members a range of opportunities to meet other firms doing business in Nigeria and establish important partnerships. This includes events like expos and conferences where companies can meet potential customers, investors, and partners. – Access to data and analysis. NEPC has spent decades collecting and analyzing data about the Nigerian market. This information can be incredibly valuable to firms that want to do business in the country, but don’t know where to start. – Access to government funding. NEPC has a strong relationship with the Nigerian government, which has helped the organization develop funding programs for firms looking to break into the Nigerian market. – Business development assistance. NEPC offers many different services that can make it easier for firms to do business in Nigeria. This includes assistance with product development, market research, marketing and sales, and more.

How to Join NEPC

Joining NEPC is a great way to boost your company’s chances of succeeding in the Nigerian market. Before joining, however, you should decide which level of membership is right for your firm. There are three levels of membership that provide different levels of access and services. These are: – Associate Membership: This is the lowest tier of membership in NEPC. It is designed for firms that are just getting started in the Nigerian market. Members of the associate program receive a few free services and discounts, but they do not have access to many of the organization’s more valuable offerings. – Business Membership: This is the middle tier of membership in NEPC. It is designed for firms that have been doing business in the Nigerian market for a few years. Members of the business program have access to a wide range of services and benefits, including special government funding programs. – Silver Membership: This is the highest tier of membership in NEPC. It is designed for firms that have been doing business in the Nigerian market for decades. Silver members have access to even more services and benefits than business members, including direct access to NEPC’s top executives and other senior figures in the Nigerian government.

Summing up

There are many reasons to join the Nigeria Export Promotion Council, including its strong track record of success and its broad network of influential partnerships and connections. Joining NEPC is a great way to help your company succeed in the Nigerian market.