The federal government has set a goal to generate $5 billion in revenue from the outsourcing industry through job exports by the year 2024.
According to daily post.ng, Dr Ezra Yakusak, the Executive Director of the Nigerian Export Promotion Council, NEPC, disclosed this at the National Conference on International Trade-in-Service organized by the council on Wednesday in Abuja.
He emphasized the significance of outsourcing to the Nigerian economy.
Yakusak 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,” he said.
