Deputy Director General Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Mrs, Janet Omisore, National President, Iyalode Alaba Lawson and Director General Ayoola Olukanni during the briefing on the State of the Nation on some treading Socio-Economic issues in Lagos.
Prolonged approvals from the National Assembly for non-oil export incentives under the revised Export Expansion Grant (EEG) scheme, also known as the Export Credit Certificate has further increased the backlog of unpaid incentives to at least N350 billion.
Although there were expectations that some of the backlogs would be cleared next month, the delayed approval of the 2018 budget may further prolong the issuance of promissory notes to the beneficiaries.
The Federal Government had…
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