The Managing Director/Chief Executive, Nigerian Export-Import Bank (NEXIM), Mr. Abba Bello has assured of financial advocacy that could facilitate funding support to Halibiz Industries Limited with the aim of moving up the global value chain.
The NEXIM boss gave the assurance after a facility tour of the company, located at the Idu Industrial Centre, Abuja, the Executive Secretary, Nigeria Investment Promotion Commission (NIPC), Yewande Sadiku, and Executive Director/Chief Executive, Nigerian Export Promotion Council (NEPC), Mr. Olusegun Awolowo.
He said as a financier of Nigerian exports, what they want to see is always the aspiration of moving up the global value chain.
In his words “the FG don’t want people exporting sesame seed, we want people exporting sesame products.
“And we want to see products on the shelves of supermarkets not in Nigeria but supermarkets across West Africa, across Africa and eventually across the world.”
Also, other Chief Executives of export promotion and regulatory agencies expressed excitement and support for one of the country’s rising indigenous food manufacturing companies, which is export- oriented.
They unanimously agreed that Halibiz operations met all the objectives of what the federal government’s policy initiatives on export sought to achieve.
The chief executives were particularly taken aback by the standards of the company and its vision for the country as well as its readiness to access regional and global markets, with implications for the Nigerian economy in terms of foreign exchange earnings and job creation.
The Executive Secretary, Nigeria Investment Promotion Commission (NIPC), Yewande Sadiku, on her part, said part of the objectives of government policy was for Nigerians to create jobs for Nigerians adding that every Nigerian who does something of value should aspire to venture out.
She said the factory was particularly heartwarming given that it was built by Nigerians.
The NIPC boss, while counseling staff to adhere to best quality standards as the company prepared for exports, said, “Every government policy objective is represented in what you guys are doing here today”.