The lack of improvement and deterioration in Nigeria’s export trade performance rankings such as measures of time and cost associated with exporting and importing a standardized cargo of goods reinforces the need for Nigeria to undertake urgent and extensive reform to improve its trading across borders performance. This research provides immediate, medium and long term reform options.
REFORM OPTIONS FOR REDUCING THE TIME, COST, AND NUMBER OF PROCEDURES FOR TRADING ACROSS BORDERS IN NIGERIA
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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.
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!)
The Trade Policy Work Stream started out by conducting 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.
Respondents were further asked about what they would like to see if there is an opportunity for assistance with capacity building for export readiness and export market access. Each responded provided its top 3 areas of preference for capacity building. The findings from the overall assessment provided a guide on areas to address.
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.
Micro Small and Medium-Scale Enterprises (MSMEs) are integral to the stimulation of developing economies as exploiting the full capabilities of MSMEs will improve trade competitiveness aimed towards achieving the objectives of the Africa Continental Free Trade Area (AfCFTA). PDF Bridge Programme recognises the role that MSMEs can play in the implementation of the AfCFTA; and is supporting the National Action Committee of the AfCFTA Secretariat by funding this study.
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.
