NEXIM Bank Eyes $1.2bn Revenue From Non-Oil Exports

The Nigerian Export-Import Bank (NEXIM), Sealink Consortium and the National Inland Waterways Authority (NIWA) have signed a Memorandum of Understanding (MoU) to formalise and deepen the existing collaborative partnership as well as bridge infrastructure gap in the maritime sector.

The agreement is expected to promote and enhance trade connectivity among member states of the Economic Community of West African States (ECOWAS). Speaking at the signing ceremony over the weekend, Managing Director/Chief Executive, Nigerian Export – Import Bank, Mr. Abba Bello, said the deal would further spur the country’s regional and global trade competitiveness. 

The agreement signified progress towards the eventual establishment of the Sealink Project, which was being promoted by NEXIM to facilitate trade connectivity in the sub-region.

(This Day)