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Non-oil Exporter Dialogue on Access to Finance (ED 2)

Micro, Small and Medium-Scale Enterprises (MSMEs) are significantly represented among
businesses involved in formal and informal cross border trade and non-oil export, yet to
date, they have been absent in trade debates (WTO, 2016). MSMEs account for majority of
firms in most countries and for majority of jobs, yet most MSMEs (amongst which there are
many potential exporters) are unable to participate competitively in the global trade value
chain due to stifling challenges in the business environment. Currently the path to export
from Nigeria is onerous and the challenges must be addressed.
To effectively position Nigeria’s MSMEs for the global market, debates must address some
‘before the border’ and ‘beyond the border’ issues. However, the political economy of trade
policy remains challenging with certain groups dominating the policy discourse and many
other local voices unrepresented. Rather than traditional institutional support, the balance
of PDF II’s efforts is focused on the building blocks of long-term trade policy by
strengthening alternative (or under-represented) voices that can feed into the policy
process.
It is against this backdrop that PDF II organized a two-day forum in Lagos themed: Non-Oil
Exporters Dialogue on Accessing Finance in Nigeria to explore the challenges and
opportunities that avail in financing exports and determine the actions required of different
stakeholders to develop non-oil exports in Nigeria. On Day 1, the forum began with an
opening remark, followed by a presentation of the perception of exporters as regards export
financing in Nigeria. The workshop continued with a brief presentation on the Community of
Practice (CoP) and moved on to three breakout sessions; a feedback session; a panel
discussion session and question/answers & contribution session. The afternoon session
included a brief on the MFA Women Empowerment for Global Market Access Program;
feedback from the CoP groups as well as the closing remarks. On Day 2, the forum examined
effective policy advocacy and delved into the building of a CoP). The forum ended with a
presentation of a work plan, detailing group activities with timelines.

The full event report is available here Non-Oil Exporters Dialogue on Accessing Finance_Final

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This post was created at: 09 August , 2018 | posted in Event Reports

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