The Federal Government has approved the disbursement of 308 billion worth of Promissory Notes to 199 exporting companies under the Export Expansion Grant Scheme.

While issuing letters to beneficiaries, the Executive Director of the Nigeria Export Promotion Council, Dr. Yakusak commended the Federal government and the National Assembly for prompt response in approving the payment of the outstanding claims to the beneficiaries.

The export expansion grants targets stimulating the increase in the volume and value of Made-in-Nigerian products in the international market.