NATIONAL TRADE POLICY
Policy · Economy
Policy date: 2026-03-04
A Policy establishes Nigeria’s strategic blueprint for managing trade relations, promoting exports, and regulating imports. It targets businesses in manufacturing, agriculture, and services, providing a framework for market expansion. The policy aims to leverage trade as a catalyst for economic diversification and inclusive growth.
What Is This Policy?
The National Trade Policy is Nigeria’s strategic blueprint for managing trade relations, promoting exports, regulating imports, and integrating into global markets. It provides a framework for how trade should contribute to economic diversification, industrial growth, and poverty reduction.
Who Does It Target?
It targets Nigerian businesses and entrepreneurs, particularly those engaged in manufacturing, agriculture, and services, who rely on trade to expand markets and generate income.
What Does It Aim to Achieve?
The overarching objective of the National Trade Policy is to leverage trade as a catalyst for economic diversification and inclusive growth. It seeks to substantially increase the contribution of trade to Nigeria’s GDP and expand the country’s share of global trade.
Key Features
Trade liberalization balanced with protection of strategic industries. Tariff reforms to encourage local production while managing imports. Export promotion strategies targeting non-oil sectors. Trade remedy measures to protect against unfair competition. Port development and trade facilitation to reduce costs and delays.
Current Status
The National Trade Policy is in force as Nigeria's strategic blueprint for trade management and economic growth.
Legal Framework
Constitution of the Federal Republic of Nigeria 1999; Nigerian Export Promotion Council Act; Import Prohibition Act; Nigerian Investment Promotion Commission Act; WTO Agreements; African Continental Free Trade Area (AfCFTA) Agreement