The Federal Government has unveiled a plan to identify and develop at least one exportable product in each of Nigeria’s 774 local government areas (LGAs) by 2026, a move aimed at strengthening non-oil exports and driving economic growth at the grassroots.
The initiative, which will be coordinated by the Ministry of Industry, Trade and Investment, is part of Nigeria’s broader strategy to deepen participation in the African Continental Free Trade Area (AfCFTA) and reduce the country’s dependence on crude oil revenues.
According to government officials, the programme will leverage the unique economic strengths and natural resources of each LGA. Products expected to be considered include agricultural commodities, processed foods, solid minerals, crafts, and light manufactured goods, depending on local comparative advantages.
Implementation will be carried out in collaboration with state governments, local councils, and the Nigerian Governors’ Forum, ensuring alignment with regional development plans. The Federal Government said the approach would help integrate small businesses, cooperatives, and rural producers into formal export value chains.
Supporting measures for the initiative are expected to include capacity building for local producers, improved export guidelines, awareness campaigns, and enhanced trade data systems to ensure products meet regional and continental standards.
Analysts say if successfully executed, the plan could create jobs, stimulate local industries, boost value addition, and expand Nigeria’s non-oil export base. By promoting export-led growth at the local government level, the initiative is expected to foster more inclusive economic development and strengthen Nigeria’s position in intra-African trade. Visit www.jocomms.com for more news.