TRALAC - Trade Law Centre

Nigeria: NEPC strategises to bridge skills gap, participation in AGOA

Wednesday, 23 November 2016 Published: | Kingsley Jeremiah

Source: Guardian (Nigeria)

In a move to bridge skills gap and aid Nigeria’s participation in the extended African Growth and Opportunity Act (AGOA), Executive Director of Nigerian Export Promotion Council (NEPC), Olusegun Awolowo said the agency will continue its effort in ensuring that the nation’s skills deficit, particularly in fashion designing is addressed.

Awolowo, who lamented that inadequate skills development was hampering economic growth in the country said that the agency has trained 75 candidates in fashion designing.

AGOA, a legislation signed by U.S. Congress in May 2000 was designed to assist economies of sub-Saharan Africa and improve economic relations between the United States and the region.

The treaty, which after completing its initial 15-year period of validity, was extended on 29 June 2015 by a further 10 years, to 2025 would receive a bolster, as the commission would assist in fixing skills deficit, Awolowo said at the graduation ceremony of the candidate in Lagos.

He said: “We need to bridge skills deficit in Nigeria. Everywhere you go there are jobs but there are no skills to meet up with it. This also is the situation in the fashion industry.

“Our main goal is to promote fashion design. But the most important thing first is to scale up production by increasing capacity and that is where we are right now.”

Awolowo disclosed that 25 of the trained candidates were given automatic employment through a Public-Private Partnership programme.

He stressed on the need for production hubs that would enable the country to meet up with demand and compete globally.

“Currently there are not enough hubs where shirts of high quality and quantity can be made. Until we start building production hubs where we can manufacture these things in big quantity and quality, we may not be able to compete internationally,” Awolowo said.

He further said the council would work harder to revamp the cotton industry to complement other sectors.Founder and Artistic Director of Style House, Omoyemi Akerele said the fashion industry lack capacity to meet demand, adding that effort must be strengthened to make the fashion sector lead government’s non oil revenue initiative.

Akerele urged Nigerians must help in building the sector and find a way to retain the country’s huge import of fashion products.

Managing Director, Crown Natures Nigeria Plc, Omolara Aromolaran said lack of factories and unavailable skills have incapacitated the sector from meeting local demand.She said investors in the sector must harness the huge opportunity to enable the country to build a sustainable industry.

View related news articles

NACC restates commitment to trade ties between Nigeria, United States

NACC restates commitment to trade ties between Nigeria, United States

With less than five years to the end of the extended African Growth and Opportunity Act (AGOA), the Nigerian American Chamber of Commerce (NACC) has reiterated its commitment to ensuring that Nigeria enjoys the benefit of the scheme. With the change of the United States political leadership, the Chamber is hopeful that ties between the two countries would improve, even as...

19 February, 2021
Nigeria: ‘Prospects of improved supports from US bright under Biden’

Nigeria: ‘Prospects of improved supports from US bright under Biden’

Director General of Lagos Chamber of Commerce and Industry (LCCI), Dr. Muda Yusuf, told DEBO OLADIMEJI that he expects more support for Nigeria from the United States (US) under the Biden administration.  What are the economic implications of Joe Biden Presidency For Nigeria?There is likely to be some positive changes as far as bilateral economic and trade...

23 January, 2021
Nigeria’s duty-free export to US shrinks to $351m

Nigeria’s duty-free export to US shrinks to $351m

Nigeria’s export to the United States under a duty-free policy declined in the first nine months of 2020, recording $351.73m from January to September. According to the latest African Growth and Opportunity Act policy trade statistics, exports to the US under the policy fell by 86.97 per cent from $2,699.13m in the first nine months of 2019 to $351.73m in the...

27 December, 2020
Chamber plans business parks to deepen US-Nigerian trade relations

Chamber plans business parks to deepen US-Nigerian trade relations

The Nigerian America Chamber of Commerce says it is planning to establish parks in states for businesses to benefit from the duty-free Africa Growth Opportunities Act of the United States government. The President, NACC, Otunba Toyin Akomolafe, during a courtesy visit to The PUNCH head office in Ogun State on Tuesday said the parks would be a platform to create awareness of...

16 December, 2020
'Nigeria’s duty-free export to US shrinks to $300m'

'Nigeria’s duty-free export to US shrinks to $300m'

Nigeria’s export to the United States under a duty-free policy declined in the first eight months of 2020, recording $300.48m from January to August. According to the latest African Growth and Opportunity Act policy trade statistics, exports to the US under the duty-free policy fell by 88 per cent from $2,502.86m in the first eight months of 2019 to $300.48m in the...

23 October, 2020
'The strategic importance of AGOA'

'The strategic importance of AGOA'

The African Growth and Opportunity Act (AGOA) is a United States bipartisan trade legislation that was signed into law on May 18, 2000 by former US President Bill Clinton – it means AGOA is 20 years old this year. Initially, the Act was planned to last for eight years but former President George Bush signed legislative amendments into law in July 2004 and extended the...

13 July, 2020