Nigeria: N50 Billion Export Fund - Beneficiaries Repatriated N35 Billion

Lagos — The management of the Nigerian Export-Import Bank (NEXIM) has disclosed that export proceeds received from 2019 to date amounts to $90.1 million and €80,000, translating to N34.8, billion from projects that have so far repatriated their revenues.

The Head of Strategy and Communications of NEXIM, Mr. Tayo Omidiji, disclosed that the proceeds were from the beneficiaries of N50bn Export Development Fund (EDF).

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