The document discusses global value chains (GVCs) and opportunities for Nigeria's participation. Developed countries drive GVCs through R&D and financing, while developing countries contribute production, raw materials, labor, and support activities. Nigeria is well positioned for GVC investment due to its large population, natural resources, and low costs, though it needs improved infrastructure and manufacturing capacity. Key opportunities for Nigeria exist in manufacturing, agriculture, infrastructure, and sectors like FMCG and vehicle parts. Overall GVCs provide a way for countries to cooperate economically and develop trade.

1. FINAL PROJECT
WORLD BANK GVCs COURSE
INNOCENT AZIH

2. The Chain
The Chain is driven from research and
development, capacity and financial strength
from the developed countries
It supports the developing countries
as geographies for production
(manufacturing), raw materials and
unskilled labour provision, and

3. THE SUPPORT TO GVCs The niches of chain participation
in developing countries are in the
logistics, operations, marketing
(export) and services. The
economies benefit from
procurement revenues,
technology deployment and
deepening, infrastructure and
human resource development
and utilization.
These support activities provide
opportunities for jobs, tax
incomes and export revenues

4. Nigeria Case Study: Favorable Conditions
• Huge natural resources: Agriculture,
crude oil, solid minerals
• Huge population (over 200 million)
• High unemployment rates @ 30%
• Low skilled labour
• Poor infrastructure
• Low currency value
• Poor manufacturing capacity and
growth
• Huge export and logistics facility
Nigeria’s manufacturing trend
Nigeria is a huge ground for increased GVC investments.

5. FDIs: Financial leg of GVCs
• High return on capital investment
opportunities: highest in the world @
35%
• High consumption population: 200 m
• Diversified market value

6. GVC Opportunities in Nigeria
FMGC
Vehicle parts
GVC opportunities exist in Nigeria in sectors such as
manufacturing, agriculture, infrastructure

7. CONCLUSION
• GVCs was, and still remains a great window for global cooperation
and trade.
• It has provided an outlet for developed countries to export capacity
and developing countries to scale up economic development and
trade.
• The spiral downwards of GVCs due to 2007/2008 financial meltdown
required a new wave of economic thought and activism for its
rescuscitation.
• In the post COVID-19, developing economies will need new wave of
reforms to sustain their capacity to innovate, buld and trade, since all
economies are affected.