General Compliance Requirements For the Small Business

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

This is a study carried out to provide the management of YouWiN  with an improved approach they can adopt to encourage women’s participation in the business plan competition. It was conducted in 2012 with the support of FCDO (formerly DFID). Based on the findings and lessons from the study, recommendations were made for consideration by the management of the YouWiN programme to increase the number of women participating, winning grants and running sustainable businesses under the Youth Enterprise with Innovation in Nigeria Programme (YouWiN!)

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.

Trade Associations play a role in promoting appropriate policies, regulations, and necessary reforms relating to their sector of operations. They create opportunities for networking and consultations among industry players as well as being a voice when it comes to new regulations and legislations while encouraging best practices among its members. According to Peter Gomersall^[1], trade associations exist to support their members and further their interests, to defend them when they are under threats and to promote a common position on issues affecting the environment in which they operate.

Given the foregoing, the PDF Bridge Trade Policy Workstream organised a two-day capacity-building session targeted at strengthening the leadership of non-oil export-related trade associations and improve on their business strategy to position them to take advantage of the opportunities in the non-oil export value chain. The sessions had in attendance delegates from government agencies such as FMITI, NAQS, FMARD, NOTN, CBN as well as executives of trade group drawn from various industries including agricultural commodities farmers, agricultural commodities exchange and aggregators, industrialists, agro-processors, women, and youth development groups, textile and apparel among other participants.

[1] https://www.iiste.org/Journals/index.php/JEDS/article/download/7852/8030

 Here is a link to Day 1 of the training.

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.