Tag: non-oil sector
The Executive Chairman of Nigeria’s Federal Inland Revenue Service (FIRS), Babatunde Fowler says the current strategy of the current government is to focus on the non-oil sector for revenues. He joins CNBC Africa’s Christy Cole to discuss Nigeria's tax strategy.
Despite the slow growth in Nigeria’s GDP for the second quarter of the year, the agriculture sector grew by 1.19 per cent year on year making it a major contributor to the country’s non-oil sector. Emmanuel Ijewere, Chairman Best Foods joins CNBC Africa to discuss the trends in the sector.
The Governor of the Nigerian Central Bank, Godwin Emefiele, plans to boost the contribution of the non-oil sector to Nigeria's GDP with a 500 billion naira export stimulation facility and a 50 billion naira Direct Intervention Fund from the Nigeria Export - Import Bank. Eze Nwakanma, Sector Lead of Agribusiness at Union Bank, joins CNBC Africa to discuss how the country can be more efficient in financing agribusiness.