Nigerian govt calls for inputs to new trade policy

Federal Secretariat Complex, Abuja
Federal Secretariat Complex, Abuja

The Nigerian government has called for inputs into a new trade policy it is preparing.

Nigerian Office for Trade Negotiations (NOTN), which is under the Federal Ministry of Industry, Trade and Investment (FMITI), made the call in a statement sent to PREMIUM TIMES, Saturday.

It said the call was part of the process of preparing “A 21st Century Trade Policy for Nigeria – A Welfare and Prosperity Trade Agenda that Works for All”.

NOTN called for contributions from key players in the public and private sectors “to create a policy for Nigeria which will enhance growth, job creation and expand prosperity to all Nigerians.

“The process for preparing an updated Trade Policy for Nigeria will be transparent and nation-wide. The public and all stakeholders are invited to submit inputs no later than 30 September 2018, to:; and,,” the agency said.

The core areas highlighted in the statement where inputs are invited include:

Trade Policy, Foreign Policy and National Security;

Trade, Competitiveness and Rules-Based Safeguards;

Trade and Companion Policies (Enabling Environment for Business, Industrial Policy, Technology and the spectrum of Regulatory Policies);

Trade in Services;

Trade in Goods;

Trade in the “Knowledge Economy”: Digital Economy and Data, Intellectual Property and Innovation;

Trade and Investment Facilitation and Global Value Chains;

Informal Economy Trade / Micro- Small and Medium Enterprises;

Empowerment of Women in Trade;

Standards and Quality Infrastructure;

Trade Capacity-Building and Training;

Institutional Framework for the Management of Trade Policy;

Trade Remedy and Trade Dispute Settlement; and

Monitoring, Review and Evaluation.

NOTN said the policy would build on the results and issues identified from the nationwide stakeholder sensitisation and consultation government held on the Agreement Establishing the African Continental Free Trade Area (AfCFTA).

The statement also showed that inputs can be found on the NOTN website:

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