Despite commitments by present and past administrations on economic diversification, the European Union (EU) has stated that Nigeria is still a long way from diversifying its exports, as only about fiveof Nigerian exports are non-oil exports.
Reiterating the need for the country to consider West Africa-EU Economic Partnership Agreement (EPA) to diversify its export, the EU stated that Union is the main non-oil export destination of Nigerian goods, as such, Nigerian manufacturers should be interested in increasing non-oil exports to the EU.
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