A trade expert who serves as the Treasurer of the Oyo State Shippers Association, Mrs. Aminat Animashaun, has identified high interest rates on loans and poor infrastructure as key barriers hindering the export of Nigerian-made goods.
In an interview with the News Agency of Nigeria (NAN) in Ibadan on Saturday, Animashaun lamented that entrepreneurs seeking to export locally produced goods are struggling due to expensive credit facilities.
She called on the government to introduce single-digit interest-rate loans to encourage more production for export.