Business Hilights

Tracking Nigeria's Headline Business News Online

Export Expansion Grant (EEG)

Border closure inconsistent with FG’s ease of doing business campaign— MANEG

The Chairman, MAN Export Promotion Group (MANEG), Ede Dafinone has raised an issue of national urgency, saying the indefinite closure of land borders is frustrating struggling local manufacturers involved in exports along the ECOWAS market. While stressing that the policy…

OPEXA losing confidence in FG’s export promotion over EEG payment failures

For more three years into the concluding administration of President Muhammadu Buhari’ first term, the government has been assuring the clearance of all arrears of budgetary allocations amounting to billions of naira meant for Export Expansion Grant (EEG) between 2015…

Develop antifraud template before reactivating Export Expansion Grant—Expert

In view of the latest signal by the Federal Government to reactivate the suspended Export Expansion Grant (EEG) with the sum of N13.28bn so as to stimulate non-oil exports, a development economist, Dr. Ken Igboanugo, has called for a fraud…

FG begins audit of N300bn Export Expansion Grant scheme claims

As part of renewed efforts by the federal government to raise confidence in promoting non-oil exports, it has commenced a verification of the claims by exporters under the Export Expansion Grant (EEG) scheme. Before now, exporters had been groaning over…