Tag Archives: Okechukwu Enelamah

FG earmarks N20bn for Export Expansion Grant backlog

The Federal Government has appropriated N20bn as tax credit to pay part of the N300bn outstanding claims of the Export Expansion Grant (EEG) scheme.

The effort is part of the government’s plan to discourage imports and promote exports by making available incentives to manufacturers to export.

FG to reinstate Export Expansion Grant – Enelamah

The Federal Government said on Sunday it would reinstate the Export Expansion Grant (EEG) scheme it suspended in 2014 in the 2017 budget.

The purpose for the reinstatement is to increase the volume and value of Nigeria’s exports, diversify export products and improve global competitiveness of Nigerian made goods.