Sifax, ECU Partnership Will Boost Nigeria’s Exports, Says NEPC
By Abimbola Abdullah
The Nigerian Export Promotion Council (NEPC) has expressed optimism that the collaboration between SIFAX Shipping and ECU Worldwide would boost the nation’s export capacity and earnings.
Director, State Offices Coordinating Department, NEPC, Arnold Jackson, who disclosed this at the International Business Conference & Expo, hosted by the Lagos Chamber of Commerce and Industry, in Lagos said that the availability of less-than-container-load (LCL) services would make Nigerian products more competitive in the global market, thereby increasing the country’s export volume and foreign exchange earnings.
He assured both SIFAX Shipping and ECU Worldwide that NEPC would promote the service to exporters the agency works with, in a bid to support their export ambitions as well as improve the country’s export volume.
It would be recalled that the first LCL vessel departed the shores of Lagos for Antwerp, Belgium, on Saturday, August 2024.
Commenting on the landmark event, Head of Groupage at SIFAX Shipping, Adekunle Owobamirin noted that the partnership was a product of the Group’s commitment to providing business solutions capable of positively impacting the nation’s economy.
He added that the LCL export service will also support small-scale business owners and help them in reducing costs.
In his words, “This partnership with ECU Worldwide is a testament to our commitment to providing innovative and world-class logistics solutions that will enhance Nigeria’s trade capacity and competitiveness on the global stage.
“The introduction of LCL export services will provide Nigerian exporters with more options, reduce logistics costs, and ultimately contribute to the growth of the nation’s economy.
“The first vessel has sailed successfully, and we are looking at supporting Nigerian small and medium-scale businesses to export their products to major markets around the world.”