…urges president to push for export
A former presidential aspirant under the All Progressives Congress (APC), Chief Charles Udeogaranya, expressed optimism that Nigeria can achieve significant economic growth through increased export activities.
He urged President Bola Tinubu to prioritise expanding Nigeria’s export market, drawing parallels with China’s recent economic success.
China reported a remarkable 27.1% growth in exports, far surpassing economists’ predictions of 5% growth, which Udeogaranya attributed to the country’s aggressive export policies.
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Udeogaranya cited his visit to China’s Africa Export Hall, where Nigeria’s section was nearly empty—an indication, he said, that the nation is not effectively promoting its vast economic resources.
He noted that foreign buyers are more likely to engage with countries that actively market their goods, and Nigeria’s lack of presence in such spaces hinders potential trade relationships.
While acknowledging that President Tinubu is not solely responsible for this issue, Udeogaranya urged him to take bold steps to reform Nigeria’s export strategy.
He emphasised that by focusing on the export of finished or, at the very least, raw goods, and by cutting down bureaucratic barriers, Nigeria could unlock substantial economic benefits.
A stronger commitment to promoting exports, he concluded, would pave the way for a better and more prosperous Nigeria.