Nigeria trade ministry don ask new investment and export boards to measure success through completed business activity. October 28 statement describe instructions from the previous day inauguration of Nigerian Investment Promotion Commission council and Nigerian Export Promotion Council board.
Priorities include helping investment, local production, processing and access to markets. Ministry want tracking beyond announcements, with attention to actual investment, export orders, business growth and jobs. E also call for support wey fit women-owned and youth-led businesses.
Investor wey show interest never necessarily commit resources. Proposed factory fit still need land, permits, power and finance before production start. Tracking each stage fit reveal the particular obstacle wey stop announcement from turning into functioning business and useful output.
Export promotion get similar practical steps. Producer must meet buyer specification, prepare documents and arrange reliable transport. Overseas market fit exist, but that alone no prove say particular shipment fit reach customer at price wey make business sense.
Ministry emphasise local processing. Whether e improve returns depend on equipment, skills, energy and wetin buyer need. More processing na commercial decision wey require real market; e no automatically mean every product or business go earn more money.
Next useful evidence na consistent reports of investments realised and shipments completed. Clear definitions go stop commitments from counting as deliveries. Board inauguration assign oversight responsibility; performance go show through businesses and trade activities wey their work help to sustain.