The Nigerian Export Promotion Council has facilitated the disbursement of $710,000 (about N979.8m) in grants to 128 women-owned export-oriented Micro, Small and Medium Enterprises, strengthening efforts to boost non-oil exports and expand the participation of Nigerian women in international digital trade.
The grants were awarded under the Women Exporters in the Digital Economy Fund, a global initiative designed to help women entrepreneurs adopt digital technologies, improve their export competitiveness and access international markets.
The Executive Director and Chief Executive Officer of the NEPC, Nonye Ayeni, disclosed this during a town hall meeting with exporters, according to a statement issued on Thursday by the council’s Deputy Director and Head of Corporate Communications, Aliu Seidu Sadiq.
Ayeni said 121 women-owned businesses received Discovery Grants of $5,000 each, while seven enterprises were awarded Booster Grants of $15,000 each, bringing the total amount disbursed to $710,000, equivalent to N979.8m.
She said the achievement followed Nigeria’s selection as one of only four countries worldwide to benefit from the pilot phase of the initiative.
