To get MSMEs actively involved on the exporters’ value chain, ‘before the border’ and ‘beyond the border’ issues must be addressed and resolved. Currently, there have been threats to reaching inclusive solutions as most MSME voices are either underrepresented or hijacked by a few. In this regard, PDF II steps in with its balanced approach 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 in this regard that PDF II held a two-day capacity building training themed: “Capacity Building for Banks and DFIs”. This is designed to explore access to finance challenges, awareness campaigns and opportunities that non-oil exporters face with banks in accessing finance. The capacity building covered topics such as Export Industry Regulations and Documentations, payment methods and trade finance instruments, Handling export finance options, managing export risks, understanding the franchising potential etc.
Capacity Building for Banks and DFIs
File type: PDF
Number of pages: 236
File size: 18MB
Export Expansion Grant (EEG) was established under the Export Incentives and Miscellaneous Decrees of 1986 and amended into an Act in 1992 to accomplish the diversification agenda of the Federal Government of Nigeria (FGN). Other export support funds created under the same Act are the Export Development Fund (EDF) and Export Adjustment Scheme Fund (EASF). The funds have been repositioned in the Economic Recovery and Growth Plan (ERGP) of 2017-2020. The EEG is a post-shipment incentive scheme aimed to achieve three key objectives: (i) to enable exporters to expand their businesses more conveniently, (ii) make Nigeria’s non-oil export more competitive, and (iii) facilitate greater and faster foreign market penetration.
PDF II (now PDF Bridge)’s Trade Policy Workstream funded a study on “Analysis and Impact of the Export Expansion Grant on Export Potential, Market Access and Export Competitiveness in Nigeria”. This policy roundtable discussed the findings and recommendations from this study.
Analysis of Potentials of Nigeria’s Services Sector for Economic Diversification, Employment, and Foreign Trade
Africa’s contribution to global trade in services is little with slow growth despite rapid globalisation and liberalisation. The continent’s intra – African trade in services is also relatively little. Nigeria’s services sector contribution to its GDP is huge, representing 55.8 per cent in 2017. It recorded a growth rate of 1.83percent in 2018. Hence, the services sector possesses the immense potential to promote diversification, employment, and growth, even without a current holistic services sector policy. This study specifically mapped and profiled key services sectors; reviewed domestic regulations relating to services; estimated the current and future potentials for export, and provided associated recommendations.
This dialogue explores the alternative ways to provide market access to the southeast business hubs from Aba through Onitsha. COVID19 has caused businesses to reimagine their trade value-chain working actively to diversify roles. This dialogue explores ways that new technologies can help bridge the gap between buyers, sellers, and manufacturers.
This study conducted by PDF with support from FCDO (formerly DFID) shows that women who engaged in cross border trade contribute to food security by trading food products from areas of surplus to areas of deficit. The paper reveals that depending on how this trade is organized, these women have the potential to contribute significantly to household earnings and resources. This empowers women by giving them financial independence and control of their own resources.
This study focuses on the determination of the impact of Nigeria’s textiles import restriction. Specifically, the study describes the structure of the global and Nigeria’s textile industries as well as the global value chain, and the policy environment surrounding the industry in a global and national perspective. It was conducted in 2013 with support from FCDO (formerly DFID).