The U.S. Agency for International Development (USAID) and Prosper Africa, a U.
S. government presidential-level national security initiative, in collaboration with the Office of the Vice President of Nigeria and key Nigerian government institutions, On October 21 and 22, hosted the African Growth and Opportunity Act (AGOA) workshop to empower Nigerian businesses to benefit from U.S.
market opportunities. Blueprint reports that AGOA is a programme that allows eligible countries in sub-Saharan Africa to export 6,800 different products to the United States without paying tariffs or facing limits on the amount they can export. A press statement by the U S mission on Wednesday noted that “The two-day workshop, organised in partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and the Nigerian Export Promotion Council (NEPC), provided valuable training to export-ready Nigerian businesses.
“It focused on businesses in the agriculture, manufacturing, textile, and apparel sectors, and had in attendance customs and trade officials. Over 200 participants learned about the requirements for benefiting from AGOA, strategies for export growth, and practical guidance on improving the quality and competitiveness of Nigerian exports. “They also received practical guidance on navigating the U.
S. market, enhancing trade capacity, and the benefits of strengthening trade relations between Nigeria and the U S.” According to the statement, while speaking at .