The Federal Executive Council (FEC) presided over by President Muhammadu Buhari has approved the National Quality Policy to stop the rejection of Nigerian exports.
Minister of Industry Trade and Investment, Niyi Adebayo, who briefed State House Correspondents at the end of the meeting, said the essence of the policy is to ensure exported local goods are accepted in their countries of destination.
According to him, “For a long time, Nigerian exporters have been suffering because of lack of quality of their goods. We felt that it was high time we actually had a policy which would create a situation whereby standard of the Nigerian goods that are exported would be raised, such that that rejection would stop.
“This policy will create a situation whereby the government and the private sector will be able to collaborate to set up quality testing centers, testing labs which we hope will have accreditation with international centers, such that any good that has been approved to have met the standard, would be of international standard”.
Adebayo said the council also approved the Nigerian/Hungarian Trade Agreement. He said the agreement between the two countries have now been ratified.