Read the passage below carefully:
The Nigerian Export Promotion Council (NEPC) was established under Decree No. 26 of 1976 and formally inaugurated in March 1977 to minimize Nigeria's heavy reliance on crude oil exports by diversifying the non-oil export sector. Headquartered in Abuja, the Council initially operated primarily through regional trade centers in Lagos, Kano, and Port Harcourt to evaluate local export potentials. Under the revised NEPC Act of 1992, the agency introduced the Export Expansion Grant (EEG) scheme, which offered financial incentives to registered exporters based on their annual export turnover. However, administrative restructuring in 2005 shifted the scheme's funding mechanism from direct budgetary allocations to Duty Credit Certificates (DCCs), allowing exporters to offset import tariffs on raw materials instead of receiving cash disbursements.
Based on the passage above, evaluate the statement: Following the 2005 administrative restructuring, the Export Expansion Grant scheme provided exporters with direct cash disbursements.
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