The Nigerian Export-Import Bank (NEXIM Bank) has spotlighted the South-South region as a rising hub for export diversification, citing its proximity to ports, export corridors, and thriving industrial clusters.
Speaking at the NEXIM SME Export Finance Sensitization Forum in Benin City, Managing Director Abba Bello, represented by Mr. Flaring Tianiyu, said the region’s agro-processing clusters in oil palm, cassava, cocoa, rubber, solid minerals, and petrochemicals—especially in Rivers State—position it as a key player in Nigeria’s non-oil export future.
Bello noted that industrial hubs in the South-South are home to MSMEs producing high-quality food products, chemicals, building materials, and services for oil companies. He emphasized that improved access to finance, infrastructure, and trade facilitation would further strengthen the region’s contribution to export growth.
To support MSMEs, NEXIM Bank is implementing the EXCEL Programme, aimed at identifying and financing export-ready businesses. The initiative leverages digital tools, targeted training, and financial inclusion strategies to help small businesses scale operations, meet quality standards, and access regional and international markets.
“This initiative falls within the NEXIM Bank’s mandate of promoting diversified, non-oil exports through inclusive financing models that empower women, youth, and small businesses,” Bello said.
He also highlighted the role of the Nigeria Export Academy (NEXA), a digital platform offering export advisory services and capacity-building for MSMEs. Additionally, NEXIM is onboarding clients onto the African Trade Gateway (ATG), powered by Afreximbank, which integrates risk management tools (MANSA), payment systems (PAPSS), trade documentation, and logistics support for seamless cross-border trade.
GIZ Trade Advisor Raymond Dangana added that the forum aimed to sensitize participants on export financing and equip them with tools to navigate global trade.
