(ThisDayLive, Lagos, 30 August 2014) According to the managing director of Nigeria Export-Import Bank, Mr. Roberts Orya, “The non-oil sectors are now the key drivers of the country’s GDP growth, which is expected to rise to 7.3 percent in 2014 Nigeria’s rise above South Africa and Egypt in attracting foreign direct investment boils down to her frontier opportunities in various sectors such as power, infrastructure, agriculture, solid minerals, retailing and services. The job opportunities created by these robust economic prospects have been tremendous. No doubt, a private-sector driven economy has globally shown to be the panacea for job creation. It is against this backdrop that the Nigeria Export-Import Bank has not rested on its oars in ensuring that the nation’s private sector has the maximum support to thrive. In the services sector for instance, the bank has made total funding disbursement of N15.6 billion (US$95.2 million), which accounts for 16.4 per cent of total loan disbursement by the bank.
Date
23 September 2014
