Boosting Nigeria’s Goods Trade across Eastern and Southern Africa through the AfCFTA
This knowledge product is a result of the ongoing collaboration and partnership between Nigeria’s Federal Ministry of Industry, Trade and Investment and the United Nations Development Programme (UNDP) Nigeria country office.
Empowering Growth, Driving Industry, and Enabling Global Trade
Welcome to the Federal Ministry of Industry, Trade & Investment—committed to building a strong economy, advancing trade, and supporting businesses to compete globally.
Our Mission & Vision
The Federal Ministry of Industry, Trade & Investment (FMITI) is focused on strengthening Nigeria’s economy by driving industrial growth, facilitating trade, and attracting investment. We collaborate across sectors to support local businesses, enhance industrial capacity, and integrate Nigeria into global markets. Our goal is to create a sustainable and inclusive economy through strategic policies, impactful initiatives, and productive partnerships.
Key Functions and Responsibilities of the Ministry
Policy Development and Implementation
Developing strategic policies that drive industrial growth, support entrepreneurship, and attract foreign investments.
Trade Promotion and Facilitation
Supporting Nigerian businesses in accessing local and global markets through effective trade strategies.
Investment Promotion
Creating an investor-friendly environment through incentives, resources, and services that attract and retain investment.
SME Empowerment
Providing resources, grants, and training to small and medium enterprises (SMEs), empowering them to succeed.
Consumer Protection and Regulation
Ensuring fair practices and standards in industry and trade, safeguarding the interests of Nigerian consumers.
Data and Industry Analysis
Providing insights and analysis to inform policies and drive evidence-based decision-making for economic growth.
The Benefits of Our Initiatives for Businesses and the Public
For Nigerian Businesses
Access to comprehensive support services, funding opportunities, market insights, and training to strengthen their competitive edge locally and globally.
For Foreign Investors
A reliable partner in understanding Nigeria’s potential, supported by policy incentives, investment protections, and robust market opportunities.
For the National Economy
By driving industrial growth, diversifying sources of national income, and strengthening Nigeria's position in global markets, our initiatives foster long-term economic stability and resilience.
For the Nigerian Public
Our initiatives lead to sustainable job creation, improved skill development, and greater access to essential goods and services, contributing to a higher standard of living across the nation.
How We Operate to Support Growth and Prosperity
Through a collaborative, transparent, and process-driven approach, the Federal Ministry of Industry, Trade & Investment ensures that businesses and investors can navigate regulations, access resources, and build successful partnerships. Here’s how we work:
01
Strategic Policy Formulation
We create policies that drive industrial growth, trade, and investment, ensuring a stable environment for local and foreign businesses.
02
Program Implementation
Launching targeted initiatives, grants, and training programs that stimulate growth, support SMEs, and drive trade.
03
Business and Investor Support
Providing resources and services to guide businesses and investors, from licensing to market access and beyond.
04
Regulatory Oversight
Ensuring compliance with standards to protect consumers and maintain a fair market environment.
05
Data and Insights
Conducting research, gathering data, and offering insights on industry and trade trends to inform decision-making.
Our Mission: Fostering Growth, Empowering Trade, and Attracting Investment
The Federal Ministry of Industry, Trade & Investment is dedicated to strengthening Nigeria’s economy by driving industrial growth, enhancing trade relations, and attracting both domestic and international investment. We aim to create a conducive environment for businesses to thrive, leveraging strategic policies, innovative initiatives, and sustainable practices. Our focus is to support local industries, foster global competitiveness, and ensure that Nigeria becomes a preferred destination for investment.
Sen. John Owan Enoh
Honourable Minister of State for Industry, Federal Ministry of Industry, Trade and Investment, Federal Republic of Nigeria.
Dr. Jumoke Oduwole MFR
Honourable Minister of Trade and Investment, Federal Ministry of Industry, Trade and Investment, Federal Republic of Nigeria.
Amb Nura Abba Rimi
Permanent Secretary, Federal Ministry of Industry, Trade and Investment, Federal Republic of Nigeria.
Publications
Nigerian Trade Policy
The trade policy document outlines Nigeria’s trade strategy, international trade agreements, and domestic trade regulations, which aim to boost commerce, enhance market access, and strengthen trade relationships.
This document provides guidelines on investment regulations, incentives, and the government’s commitment to creating a business-friendly environment for both local and foreign investors.
