{
  "id": 8375923,
  "title": "FG Tasks Digital Invoicing Committee on Affordable Working Capital",
  "url": "https://urgent.news/2026/09/19/fg-tasks-digital-invoicing-committee-on-affordable-working-capital",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-19T04:00:14.000Z",
  "source": {
    "name": "This Day",
    "slug": "this-day",
    "url": "https://www.thisdaylive.com/2026/09/19/fg-tasks-digital-invoicing-committee-on-affordable-working-capital/"
  },
  "original_language": "en",
  "account": "Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, has tasked the newly formed steering committee of the National Digital Invoicing and Financial Optimisation Strategy (NDIFS) to transform Nigeria's receivables-finance corridor into affordable working capital for key stakeholders such as exporters, manufacturers, and agro-processors. The committee, co-chaired by Aig-Imoukhuede and Dr. Zaach Adedeji, was established following President Bola Ahmed Tinubu's approval of the NDIFS and the creation of this committee. During the committee's inaugural meeting in Abuja, Oduwole emphasized the importance of addressing cash constraints faced by SMEs, which could hinder their production and export capabilities. She explained that if NDIFS ends with digitized compliance but leaves businesses cash-starved, it would merely have achieved compliance without transforming enterprises. Oduwole urged the committee to deliver a disciplined execution of the strategy, with a focus on six integrated pillars and a phased implementation roadmap. She highlighted four essential rails for the operation of NDIFS: trusted digital, sound legal, financial, and market rails. To ensure the success of the committee, Oduwole suggested five disciplines: designing for financeability, building interoperability, protecting trust, starting with real transactions, and assigning clear ownership and timelines to every action.",
  "summary": "Dike Onwuamaeze The Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, has tasked members of the newly inaugurated steering committee of the National Digital Invoicing and Financial Optimisation Strategy",
  "key_points": [
    "Minister Oduwole tasks NDIFS committee to create affordable working capital.",
    "Committee co-chaired by Aig-Imoukhuede and Dr. Zaach Adedeji.",
    "Focus on six integrated pillars and phased implementation roadmap."
  ],
  "editors_take": "The minister's charge to the committee signals a shift in focus from mere regulatory compliance to practical financial solutions for businesses, especially SMEs and key sectors like exporters and manufacturers.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}