Efficient Supply Chains Key To Nigeria, Africa’s Economic Transformation – ACSC

The development of efficient and competitive supply chain systems has emerged as a critical requirement for Nigeria and other African economies seeking to expand trade, boost industrialisation, attract investment and strengthen their participation in the global economy.
Experts are expected to take turns to discuss the subject which will be a major focus of the 2026 Year-End event of the African Centre for Supply Chain (ACSC), scheduled to Lagos, with the Chief Executive Officer of the Centre for the Promotion of Private Enterprise (CPPE), Dr Muda Yusuf, as keynote speaker.
The event, themed “The State of Nigerian Supply Chains: Confronting Reality, Defining Priorities, Driving Transformation,” will examine the structural, economic and policy challenges affecting the movement of goods, services and capital across Nigeria and their implications for Africa’s economic development.
For Nigeria, an economy seeking to diversify beyond crude oil, strengthen local manufacturing, expand non-oil exports and attract foreign investment, supply chain efficiency is central to reducing production costs, improving business competitiveness and creating employment opportunities.

Across Africa, the importance is equally significant as countries pursue regional integration, industrial development and expanded intra-African trade under the African Continental Free Trade Area (AfCFTA).

However, high logistics costs, inadequate infrastructure, energy supply constraints, inefficient ports, customs bottlenecks and foreign exchange challenges continue to affect the competitiveness of businesses and the movement of goods across markets.

Yusuf, immediate past Director-General of the Lagos Chamber of Commerce and Industry (LCCI), brings over 30 years of experience in economic policy advocacy, business research and investment climate reforms to the discussions.
According to the ACSC, he will examine the economic and policy realities shaping supply chains, particularly foreign exchange, energy, ports, customs, trade policy and public-private partnerships.
The organisation said: “He will share great insights on the economic and policy realities driving Nigeria’s supply chains, and what must happen next.”
The event is expected to provide a platform for policymakers, investors, logistics operators, manufacturers and other industry stakeholders to examine reforms capable of strengthening Nigeria’s supply chain infrastructure and positioning African businesses to compete more effectively in regional and international markets.
A major highlight will be the launch of the Nigerian Logistics and Supply Chain Industry Report, which will provide industry perspectives on the state of the sector and contribute to policy and investment discussions.
The programme will also feature the ACSC Fellowship Investiture and Membership Induction Ceremony, a dinner night and networking sessions.
The ACSC said the gathering would provide an opportunity to “connect with industry leaders, strengthen professional relationships, gain industry insights, and become part of a community driving positive change across Nigeria’s supply chain sector.”
The organization is managed by a 13-member leadership team comprising the Governing Council, national executives, publicity officials and zonal coordinators, who oversee the organisation’s operations and activities across the country.
The African Centre for Supply Chain is a professional organisation dedicated to advancing supply chain excellence across Africa through research, education and networking.