Business environment reform is a key driver of economic diversification and inclusive growth. The Nigerian government took a decisive step in this direction by rolling out executive orders (EOs) on ease of doing business on 18 May 2017. The Orders were targeted at repositioning Nigeria in the global non-oil economy through the improved capacity for competitive non-oil export. Against this background, PDF II funded a mapping of non-oil exporters was carried out and deliberately focused on MSMEs due to their importance to the government’s efforts to diversify the productive base of the economy.
The study ‘Diversification and Non-Oil Export Opportunities for Nigerian States Post-COVID-19’ was commissioned by the NEPC through the Policy Development Facility (PDF) Bridge Programme for use by the public and private sector stakeholders. Ernst & Young conducted a market analysis on six prioritised products from the Zero Oil Initiative and provided strategic recommendations.
PDF Bridge has now developed a policy brief for stakeholders to highlight the key issues and recommendations. The full study can be accessed here.
Aba Industrial City is an aggregation of thousands of MSMEs and mass producers of industrial goods including garment and leather products. If properly harnessed, the mass production capacities of component clusters of AIC and similar models are capable of positioning Nigeria at a competitive advantage in the global garment and leather industrial space. In 2016, the Textile, Apparel, and Footwear sector contributed N2 trillion ($6.6 billion), approximately 2% of Nigeria’s total GDP, to Nigeria’s economy.
This policy brief provides a national and global context for the recommendations for Nigeria emerging from a desk review of research on the links between women’s participation in economic activity and economic growth.
Poverty and social impact assessment of flexible exchange rate on segments of the Nigerian population: policy paper
This policy paper describes a study that examined the impact of a downward adjustment of the Naira exchange rate on the welfare of different income groups in Nigeria and makes the case for introducing intervention programmes to protect the poor from adverse welfare effects resulting from economic policy shocks.