FG To Earn $5bn Revenue From Job Export In 2024

By Akeem Oduyoye

The federal government has disclosed that the country targets to earn $5 billion from exporting jobs in the outsourcing industry in 2024.

The Executive Director of the Nigerian Export Promotion Council (NEPC), Dr Ezra Yakusak, made this disclosure at the National Conference on International Trade-in-Service organized by the council on Wednesday, 21 july, 2023 in Abuja, the nation’s capital capital

Yakusak, who emphasized the significance of outsourcing to the Nigerian economy, explained that some outsourced services include financial, advertising, courier, customer support, and logistics.

According to him, Nigeria is moving gradually and focusing more on the export of services because it is an area that has been neglected for a long time.

He added that the Country’s high population, less expensive labour cost, and English proficiency make it appealing to companies and businesses worldwide.

“It has so much potential, but if our services sector is well harnessed, we can earn more than the $4 .8 billion we earn from our products.

“We are looking at five billion dollars in 2024,” NEPC boss said.

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