We’ll Support Southeast On Export Activities – NEPC

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The Nigerian Export Promotion Council (NEPC) has reiterated its commitment to supporting potential exporters in the Southeast to partici­pate in export activities.

The Southeast Regional Coordi­nator of the NEPC, Mr Arnold Jack­son, stated this during a stakeholder forum organised by the council for Small and Medium Enterprises (SMEs) operators in Enugu.

He said the council had set out to reawaken the consciousness of SMEs owners in the region to take advantage of the various investment incentives to grow their businesses.

He said that the coming into ef­fect of the African Continental Free Trade Agreement had made it more compelling for entrepreneurs to launch their products in the global market.

He, however, expressed concern that the activities of SMEs operators domiciled in the region were not very visible in the international market due to challenges.

Jackson called for experience sharing and collaboration between the entrepreneurs and relevant agencies in the export industry in In a presentation, the State Coordina­tor, Federal Inland Revenue Services (FIRS), Anambra, Ebonyi and Enugu, Mr Bennett Agu, said that the Fed­eral Government had directed the implementation of tax waivers and incentives for business owners.

Agu said that small businesses with a return of below N20million were currently on tax holidays while medium enterprises were charged 20 per cent on income tax.

The FIRS coordinator said that big businesses were on 30 per cent income tax.

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