According to Business Day, the Nigerian Export Promotion Council (NEPC) considers Nigeria's British American Tobacco (BAT) as the largest contributor to the export of non-oil products to African markets.
Ezra Yakusak, the Executive Director and CEO of NEPC, has announced that the company is issuing awards based on pre-shipment inspection reports for non-oil exporters.
BAT Nigeria, which exports to 14 countries in West and Central Africa, has generated over $500 million in revenue. It is one of the top five non-oil exporting countries in Nigeria every month and contributes more than $110 million in foreign exchange annually. The company directly and indirectly employs over 350,000 Nigerians.
The recognition from the Nigerian Export Promotion Council for our export volume to the African market proves BAT's contribution to the economic growth and development of the region," said Odiri Erewa-Meggison, Director of External Affairs for BAT West and Central Africa. "We are involved in Nigeria as well as the West and Central African region and remain committed to driving the non-oil sector in Nigeria as we work towards creating a better tomorrow.
Non-oil exports account for 11.32% of Nigeria's total exports for 2021.
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