Enabling Nigerian firms to become export ready

Nigeria signed up to the AfCFTA on the 7th of July, 2019. This outlines how PDF contributed to the process that led up to the signing.

The Policy Development Facility Bridge program (PDF Bridge) held a Trade Policy Roundtable to discuss the findings and recommendations from its recent study titled “Diversification and Non-oil Export Opportunities for Nigerian States Post-Covid19”.

The objectives of the policy roundtable were;

1. To provide a forum for relevant stakeholders to learn about and discuss the findings from the Export Diversification study;
2. Through discussions, generate recommendations on necessary actionable steps towards reforms, process restructuring, elimination of various challenges identified in the study, and implementation of the study recommendations.

This is a presentation from the second day of the Trade Associations capacity building titled – Strengthening the structure of Trade Associations in the Non-oil Export sector for better Governance and Leadership. It covers Member Relations & Communication, Advocacy and Stakeholder Management, Fundraising & Financial Management as well as Leadership & Corporate Governance.

The Trade Policy Work Stream conducted a needs assessment to get direct feedback from export-oriented MSMEs, export-supporting government institutions, and export business service providers to ascertain the capacity gaps. The top 5 challenges highlighted by the respondents include lack of market linkages, lack of finance, lack of market intelligence, limited knowledge of destination country requirements, and Export documentation.

In response to their needs, TRD workstream designed a targeted capacity building for the non-oil export community of practice to address the knowledge and skill gaps through a 4-part Export Capacity Building (CB) Series. The following topics were covered in this sequence:

1. Market Entry strategies (with case studies: Europe (EU), US, China)
2. Raising Finance for Your Export Business
3. Understanding Export Documentation
4. Branding and Packaging for export

Businesses that operate in a particular domain are expected to adhere to some rules and regulations. Here is a training material that covers some of these requirements. This does not take the place of legal advice.