The Export Brief The Export Brief 2 | Page 42

Made in Nigeria for Nigeria and the World Maureen Ideozu Maureen Ideozu The technical Advisor to the CEO, Nigerian Export Promotion Council, a Tony Elumelu Fellow and a Communicator. This article originally published in the Economic and Policy Review Volume 16 No. 1 of the Nigeria Economic Summit Group, is here republished with the full permission of the author. In this treatise, Ms. Ideozu examines Nigeria‘s trade profile, with a detailed look at the imports bill, which consists majorly of manufactured and value added products and export bill, which consists majorly of crude oil. She points out that this trade composition is a huge challenge facing the economy and therefore, conscious efforts are required to rebalance the country‘s trade profile. In conclusion, the article suggests that Nigeria needs to key into an export-driven industrialization model, which is crucial for the survival and relevance of the Nigerian economy in the global environment.