ADVERTISEMENT
  • PT Insider
  • #EndSARS Dashboard
  • PT Hausa
  • About Us
  • PT Jobs
  • Advert Rates
  • Contact Us
  • Digital Store
Monday, October 26, 2026
Premium Times Nigeria
  • Home
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Gender
  • Investigations
    • All
    • Alabuga Reports
    • Blood on Uniforms
    St Martin de Porres School

    SPECIAL REPORT: Beyond tuition, extra school charges deepen financial strain on Nigerian parents

    Stalled wind farm project in Katsina typifies Nigeria’s struggle to build renewable-energy industry

    Stalled wind farm project in Katsina typifies Nigeria’s struggle to build renewable-energy industry

    Gas Flare at Obagi flare stack 1

    PREMIUM TIMES investigates TotalEnergies’ ‘zero routine flaring’ claim

    Atiku, Ribadu, Fintiri, Binani, Haske, and Ishaku Abbo

    2027: Fintiri’s exit, Atiku, Ribadu’s interests set stage for tight Adamawa governorship race

    Anthony Kila

    INVESTIGATION: How Anthony Kila falsified all his academic qualifications – from Bachelor’s to Doctorate

    Anthony Kila

    INVESTIGATION: The fake professor leading a Nigerian university

    Gas flaring by Sterling Oil in Eastern Obolo

    INVESTIGATION: NUPRC fails to enforce Nigeria’s anti-flaring law as methane emissions go unchecked (2)

    Illegal mining around the M.I. Wushishi/Lukoto area of the state capital.

    Minna’s Cell of Death: Survivors recount how 37 mining suspects died in NSCDC custody

    A photo of Leno Adesanya, President Bola Tinubu and Sambo Dasuki

    Mambilla: How PREMIUM TIMES investigation helped Nigeria defeat Leno Adesanya at Paris Tribunal

  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Trade Insights
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
    • All
    • Analysis
    • Columns
    • Contributors
    • Editorial
    Professor Toyin Falola writes about contemporary African migration.

    Ato Quayson and the challenge to Ghana: Rethinking the past and Future, By Toyin Falola

    Dipo Baruwa writes about incentivising private investments in the context of global competitiveness.

    From vision to abandonment: Nigeria’s unfinished development, By Dipo Baruwa

    Uddin Ifeanyi writes about the two-state solution as the best pathway to peace for Israel and Palestine.

    We do not think, yet here we are, By Uddin Ifeanyi

    Fitch’s positive outlook: Turning improved confidence into economic opportunity, By Posi Olatubosun

    $110 oil price: Windfall or warning?, By Posi Olatubosun

    Eric Teniola writes about military intrigues.

    Dele Cole (1940-2026) and his public service, By Eric Teniola 

    From Brasilia with love, By Abdulaziz Abdulaziz

    Kaduna rally as the North’s referendum on Tinubu, By Abdulaziz Abdulaziz

  • Health
    • News Reports
    • Special Reports and Investigations
    • Health Specials
    • Features and Interviews
    • Multimedia
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Features
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
    • Casino
      • iGaming
      • Non AAMS
      • Online Kaszinó Magyar
      • Online Casino Österreich
      • non Gamstop casinos
      • Kasyna online
      • Casino Uden Rofus
      • Τα Καλύτερα Online Casino
      • Casino Sin Licencia España
      • Casino Utan Svensk Licens
      • Beste online casinos
      • Top cazinouri online
    • Gokken
      • Beste Online Casino Nederland
    • Games
      • كازينو اون لاين
      • Geriausi kazino internetu
      • Онлайн казино Казахстан
  • Elections
    • 2024 Ondo Governorship Election
    • 2024 Edo Governorship Election
    • Presidential
    • Gubernatorial
  • Home
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Gender
  • Investigations
    • All
    • Alabuga Reports
    • Blood on Uniforms
    St Martin de Porres School

    SPECIAL REPORT: Beyond tuition, extra school charges deepen financial strain on Nigerian parents

    Stalled wind farm project in Katsina typifies Nigeria’s struggle to build renewable-energy industry

    Stalled wind farm project in Katsina typifies Nigeria’s struggle to build renewable-energy industry

    Gas Flare at Obagi flare stack 1

    PREMIUM TIMES investigates TotalEnergies’ ‘zero routine flaring’ claim

    Atiku, Ribadu, Fintiri, Binani, Haske, and Ishaku Abbo

    2027: Fintiri’s exit, Atiku, Ribadu’s interests set stage for tight Adamawa governorship race

    Anthony Kila

    INVESTIGATION: How Anthony Kila falsified all his academic qualifications – from Bachelor’s to Doctorate

    Anthony Kila

    INVESTIGATION: The fake professor leading a Nigerian university

    Gas flaring by Sterling Oil in Eastern Obolo

    INVESTIGATION: NUPRC fails to enforce Nigeria’s anti-flaring law as methane emissions go unchecked (2)

    Illegal mining around the M.I. Wushishi/Lukoto area of the state capital.

    Minna’s Cell of Death: Survivors recount how 37 mining suspects died in NSCDC custody

    A photo of Leno Adesanya, President Bola Tinubu and Sambo Dasuki

    Mambilla: How PREMIUM TIMES investigation helped Nigeria defeat Leno Adesanya at Paris Tribunal

  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Trade Insights
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
    • All
    • Analysis
    • Columns
    • Contributors
    • Editorial
    Professor Toyin Falola writes about contemporary African migration.

    Ato Quayson and the challenge to Ghana: Rethinking the past and Future, By Toyin Falola

    Dipo Baruwa writes about incentivising private investments in the context of global competitiveness.

    From vision to abandonment: Nigeria’s unfinished development, By Dipo Baruwa

    Uddin Ifeanyi writes about the two-state solution as the best pathway to peace for Israel and Palestine.

    We do not think, yet here we are, By Uddin Ifeanyi

    Fitch’s positive outlook: Turning improved confidence into economic opportunity, By Posi Olatubosun

    $110 oil price: Windfall or warning?, By Posi Olatubosun

    Eric Teniola writes about military intrigues.

    Dele Cole (1940-2026) and his public service, By Eric Teniola 

    From Brasilia with love, By Abdulaziz Abdulaziz

    Kaduna rally as the North’s referendum on Tinubu, By Abdulaziz Abdulaziz

  • Health
    • News Reports
    • Special Reports and Investigations
    • Health Specials
    • Features and Interviews
    • Multimedia
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Features
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
    • Casino
      • iGaming
      • Non AAMS
      • Online Kaszinó Magyar
      • Online Casino Österreich
      • non Gamstop casinos
      • Kasyna online
      • Casino Uden Rofus
      • Τα Καλύτερα Online Casino
      • Casino Sin Licencia España
      • Casino Utan Svensk Licens
      • Beste online casinos
      • Top cazinouri online
    • Gokken
      • Beste Online Casino Nederland
    • Games
      • كازينو اون لاين
      • Geriausi kazino internetu
      • Онлайн казино Казахстан
  • Elections
    • 2024 Ondo Governorship Election
    • 2024 Edo Governorship Election
    • Presidential
    • Gubernatorial
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad

Trade as statecraft: Why Nigeria must convert market access into strategic advantage, By Ademola Oshodi

The broader lesson is that Nigeria should approach this moment neither with anxiety nor with passivity, but with strategy.

byPremium Times
March 11, 2026
Reading Time: 5 mins read
0
Google Logo Add us on Google

In the years ahead, influence will not be measured only by diplomatic visibility or political voice. It will also be measured by whether countries can convert a changing external trade environment into jobs, productive capacity, and durable economic leverage. Nigeria has the scale, the market, and the diplomatic weight to do so. What matters now is the clarity and discipline with which it organises for that purpose.

The global trade environment is shifting in ways that Nigeria cannot afford to read passively. What is taking shape is not simply a competition among major powers, nor merely a question of market access. It is a reordering of how Africa is being positioned within competing trade architectures. The United States has reauthorised the African Growth and Opportunity Act (AGOA) only through 31 December, with retroactive effect to September 2025, while China has announced a zero-tariff treatment from 1 May for imports from 53 African countries with which it maintains diplomatic relations. Taken together, these moves point to a wider reality: external trade preferences are becoming more fluid, more strategic, and more visibly tied to geopolitical calculation.

Join the Premium Times WhatsApp Community For Quick Access To News and Happenings Around You.

Open in WhatsApp

For Nigeria, the appropriate response is not to frame this as a binary choice between external partners. That would be too narrow, and strategically unhelpful. The more important lesson is that trade can no longer be treated as a secondary track running alongside diplomacy. It must be approached as one of the core instruments through which national interest is secured. In a world in which market access is shaped by changing preference regimes, tariff recalibration, and wider geo-economic competition, foreign policy and trade policy can no longer operate in separate compartments.

FIRST BANK AD Do you live in Ogijo

The temporary extension of AGOA is instructive for precisely this reason. It preserves access, but only for a short horizon. That offers relief, not certainty. It keeps the door open for eligible African exporters, but it does not create the kind of medium-term predictability that firms, investors, and industrial planners ordinarily require when making decisions on sourcing, standards, production, and long-term market entry. The issue, then, is not whether AGOA remains useful. It does. The issue is that temporary preference is not the same as durable strategy.

China’s new zero-tariff regime carries a different, but equally important, implication. It potentially widens access to one of the world’s largest markets. But access by itself does not guarantee advantage. The countries best placed to benefit will be those that can meet standards, solve logistics constraints, scale production, and move beyond raw commodity dependence toward more value-added exports. The opening is real, but the distribution of gains will not be automatic. It will depend on readiness. That is why China’s decision to remove tariffs on imports from 53 African countries should be read not simply as a concession, but as a test of African export competitiveness.

The next step is to build a more integrated doctrine of trade statecraft. That begins with aligning foreign policy, trade policy, and industrial policy much more deliberately than before. When the external environment shifts, whether through a short AGOA extension, a new Chinese tariff regime, or broader changes in global trade rules, the state should be able to answer a set of practical questions quickly. Which Nigerian sectors are best positioned for the affected markets?

This is where Nigeria’s strategic challenge becomes sharper. Nigeria is too large, too economically significant, and too diplomatically consequential to approach passively. Yet, the task is not simply to seek access wherever it can be found. It is to build the institutional means to use access well. Economic diplomacy should not be measured by the number of frameworks a country belongs to, or by how many openings are referenced in official communiqués. It should be measured by whether firms can actually enter markets, whether export volumes diversify, whether value addition improves, and whether trade relationships deepen resilience, rather than reinforce dependence.

PT WHATSAPP CHANNEL

Nigeria is not starting from zero. The country has already taken important steps to strengthen its AfCFTA posture, including gazetting its provisional schedule of tariff concessions in April 2025 and publishing a market intelligence tool to support exporters. That trajectory gained further expression on 9 March with the signing of the IATF2027 Host Country Agreement between Nigeria, Afreximbank, the African Union Commission, and the AfCFTA Secretariat, confirming Lagos as host of the fifth Intra-African Trade Fair in November 2027. President Tinubu has also publicly emphasised the importance of more efficient African borders and stronger intra-African trade under AfCFTA. These are important foundations because they recognise a basic truth: In a more competitive trade environment, information, connectivity, and market access are not peripheral matters. They are part of state capacity.

Dangote Refinery AD

The next step is to build a more integrated doctrine of trade statecraft. That begins with aligning foreign policy, trade policy, and industrial policy much more deliberately than before. When the external environment shifts, whether through a short AGOA extension, a new Chinese tariff regime, or broader changes in global trade rules, the state should be able to answer a set of practical questions quickly. Which Nigerian sectors are best positioned for the affected markets? Which products can scale within a realistic time horizon? What standards, certification, or logistics barriers remain? Which trade missions and embassies should be tasked with targeted market-opening work? A country that cannot answer such questions in an organised way will struggle to convert preference into performance.

Premium Times

Stay Ahead with Premium Times

Follow us on Google News and never miss breaking stories, investigations, and in-depth reporting.

Google Logo Add as a preferred source on Google

A second requirement is sharper sectoral discipline. Not every export opportunity carries the same strategic value. Nigeria should pay particular attention to sectors where expanded market access can support domestic upgrading, rather than merely accelerate the export of raw output. That means closer attention to agro-processing, light manufacturing, selected industrial goods, and minerals where downstream value addition is possible. The point is not to dismiss commodity exports. It is to avoid allowing favourable preference regimes to lock Nigeria more deeply into a pattern in which it exports primary products while importing higher-value goods and capabilities.

The broader lesson is that Nigeria should approach this moment neither with anxiety nor with passivity, but with strategy. The AGOA extension and China’s zero-tariff decision are not merely external announcements to be welcomed from a distance. They are reminders that trade is now a more openly strategic domain of international politics. For Nigeria, the proper response is to move beyond treating trade preferences as standalone benefits…

A third requirement is institutional coordination. Trade diplomacy cannot sit with one ministry alone, just as export readiness cannot be left entirely to private firms. This moment calls for closer alignment among the ministries of Foreign Affairs, Trade and Investment, Finance, and Customs, standards authorities, export-promotion institutions, and sector regulators. This is especially important because the emerging trade environment is not only about tariffs. It is also about the rules of origin, customs efficiency, certification, logistics, dispute resolution, and the practical ability of firms to move goods reliably across borders.

There is also a wider African dimension that Nigeria should not neglect. If China is widening tariff-free access for 53 African countries, while the United States is extending AGOA only for a limited period, African states will increasingly operate in a more competitive external environment in which market access is offered, adjusted, and interpreted through broader geopolitical calculation. In such a setting, intra-African trade becomes even more important, not as a slogan, but as a stabilising foundation. The stronger African trade platforms become, the less exposed African economies will be to the policy cycles and preference uncertainty of larger external powers.

The broader lesson is that Nigeria should approach this moment neither with anxiety nor with passivity, but with strategy. The AGOA extension and China’s zero-tariff decision are not merely external announcements to be welcomed from a distance. They are reminders that trade is now a more openly strategic domain of international politics. For Nigeria, the proper response is to move beyond treating trade preferences as standalone benefits and to begin treating them as instruments to be integrated into a larger national strategy of export competitiveness, industrial upgrading, and economic resilience.

That is the real task before Nigerian statecraft. In the years ahead, influence will not be measured only by diplomatic visibility or political voice. It will also be measured by whether countries can convert a changing external trade environment into jobs, productive capacity, and durable economic leverage. Nigeria has the scale, the market, and the diplomatic weight to do so. What matters now is the clarity and discipline with which it organises for that purpose.

Ademola Oshodi is the senior special assistant to the Nigerian President on Foreign Affairs and Protocol.

 

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook
  • Share on WhatsApp (Opens in new window) WhatsApp
  • Share on Telegram (Opens in new window) Telegram
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Email a link to a friend (Opens in new window) Email
  • Print (Opens in new window) Print

Discover more from Premium Times Nigeria

Subscribe to get the latest posts sent to your email.

Previous Post

Senate confirms Taiwo Oyedele as minister

Next Post

Iran threatens attack on facilities belonging to Google, Microsoft, other US/Israel companies

Premium Times

Premium Times

More News

Professor Toyin Falola writes about contemporary African migration.

Ato Quayson and the challenge to Ghana: Rethinking the past and Future, By Toyin Falola

October 26, 2026
Dipo Baruwa writes about incentivising private investments in the context of global competitiveness.

From vision to abandonment: Nigeria’s unfinished development, By Dipo Baruwa

October 26, 2026
Uddin Ifeanyi writes about the two-state solution as the best pathway to peace for Israel and Palestine.

We do not think, yet here we are, By Uddin Ifeanyi

October 26, 2026
Fitch’s positive outlook: Turning improved confidence into economic opportunity, By Posi Olatubosun

$110 oil price: Windfall or warning?, By Posi Olatubosun

October 26, 2026
Eric Teniola writes about military intrigues.

Dele Cole (1940-2026) and his public service, By Eric Teniola 

October 26, 2026
From Brasilia with love, By Abdulaziz Abdulaziz

Kaduna rally as the North’s referendum on Tinubu, By Abdulaziz Abdulaziz

October 26, 2026
Leave Comment

  • About Us
  • Contact Us

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game

Projects & Partnerships

  • AUN-PT Data Hub
  • #EndSARS Dashboard
  • Parliament Watch
  • Panama Papers
  • AGAHRIN
  • #PandoraPapers
  • #ParadisePapers
  • #SuisseSecrets
  • Our Digital Network
  • About Us
  • Contact Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2025 The Premium Times, Nigeria

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

DMCA.com Protection Status
  • Home
  • Elections
    • 2024 Ondo Governorship Election
    • 2024 Edo Governorship Election
    • Presidential & NASS
    • Gubernatorial & State House
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • Gender
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Trade Insights
    • Business Specials
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • COVID-19
    • News Reports
    • Special Reports and Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Investigations
    • Features
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
    • Casino
      • iGaming
      • Non AAMS
      • Online Kaszinó Magyar
      • Online Casino Österreich
      • non Gamstop casinos
      • Kasyna online
      • Τα Καλύτερα Online Casino
      • Casino Sin Licencia España
      • Casino Utan Svensk Licens
      • Casino Uden Rofus
      • Beste online casinos
      • Top cazinouri online
      • Online Casino Österreich
    • Gokken
      • Beste Online Casino Nederland
    • Games
      • كازينو اون لاين
      • Geriausi kazino internetu
      • Онлайн казино Казахстан
  • #EndSARS Dashboard
  • AUN-PT Data Hub
  • Projects
    • Panama Papers
    • Paradise Papers
    • SuisseSecrets
    • Parliament Watch
    • AGAHRIN
  • Opinion
    • Editorial
  • PT Hausa
  • Become a PT Insider
  • DONATE
  • About Us
  • Dubawa NG
  • Advert Rates
  • PT Jobs
  • Digital Store
  • Contact Us

All content is Copyrighted © 2025 The Premium Times, Nigeria

Discover more from Premium Times Nigeria

Subscribe now to keep reading and get access to the full archive.

Continue reading