FG launches trade intelligence tools to boost exports, investment.
Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, who unveiled the initiative in Abuja, said […] The post FG launches trade intelligence tools to boost exports, investment appeared first on Vanguard News .
By Yinka Kolawole The Federal Government has launched new trade intelligence tools to help Nigerian businesses access international markets, attract productive investments and strengthen local industries’ competitiveness as part of efforts to build a $1 trillion economy by 2030.
Oduwole said Nigeria had recorded significant progress in capital inflows and non-oil exports, but stressed the need to convert the gains into productive investments, completed export transactions and stronger domestic industries.
She disclosed that capital importation rose from about $3.9 billion in 2023 to more than $23 billion in 2025, while non-oil exports reached a record N12.36 trillion, with Nigerian products gaining access to more than 120 countries. The minister also said intra-African trade grew by 21 per cent in 2025, describing the development as an opportunity for Nigeria to expand its participation in regional and global markets. she acknowledged that businesses continued to face high production costs, limited access to finance, logistics constraints and complex trade procedures. According to her, the new tools would help exporters identify promising markets, understand applicable tariffs and entry requirements, and obtain credible information before shipping their products.
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