What’s new? Positive Impact in Practice: Nigeria Expanded Trade and Transport
The NEXTT (Nigeria Expanded Trade and Transport) project’s success has been recognised with an extension! In short, NEXTT removes bottlenecks to the free flow of goods in Nigeria, especially agricultural goods and promotes investment in agricultural production and processing. It does this by improving and supporting national trade policy and building the capacity of public and private partners to trade. The original contract ran from 2012- 2016. This new extension phase will kick off in November 2016, and finish in October 2017.
Where will you be based?
NEXTT will be based out of Abuja, Nigeria. We will also have an office in Lagos.
Who will you be working with?
In addition to our funding partners USAID, we will be working with Crown Agents, WFLO, and RBS Consulting to implement the new project phase.
What’s your goal?
The end goal of NEXTT is to support regional trade and contribute to food security, agribusiness investment, and job creation in Nigeria. This is achieved by streamlining and facilitating trade flows, particularly in Nigeria’s major trade corridor Lagos-Kano-Jibiya (LAKAJI).
How will you deliver Positive Impact?
NEXTT works with public and private partners to address constraints to business competitiveness along the LAKAJI trade corridor. Working with these groups, the NEXTT team identifies agriculture and infrastructure projects with high potential to spur economic growth. Through the Project Development Facility, NEXTT conducts feasibility studies and develops business plans to attract investors, reduce investor risk, and facilitate financing. Simultaneously, NEXTT works with local partners to identify ways to reduce the implement solutions that reduce the time and cost to trade along the corridor.
How will you make sure Positive Impact is enduring?
By fostering national dialogue and action on trade policy, NEXTT brings together a variety of public and private sector partners to improve regional trade. Building the capacity of local exporting firms and agribusinesses to trade effectively is a key focus. This is often done through targeted training. If we can link businesses with markets abroad, better facilitate trade flows and maximise trade competitiveness, enduring Positive Impact is driven by demand.
If we want more info, who should we contact?
Don’t hesitate to write to Palladium’s Project Director Katie Paguaga (Katie.Paguaga@thepalladiumgroup.com) for more info or to discuss opportunities for your organisation to get involved.