Rethinking the Institutional and Structural Development of a National Quality Infrastructure and Standardisation as An Effective Policy for Sustainable Economic Development and Trade in Nigeria : A Theory on Quality-Driven Development

Impact studies show that quality products and services and their application can significantly impact the economic and social spheres. These impacts may be at the microeconomic, macroeconomic, sectoral, corporate level, or the State budget level, fostering technological innovations, promoting consumer protection, or improving the income situation of small and medium-sized enterprises (SMEs) established enterprises and producers. At the same time, the studies demonstrate that neglecting quality-related aspects leads to a lack of knowledge of critical production and economic parameters, often resulting in losses for the business, the State, or consumers (a fact that is clearly illustrated by the case studies examined). Thus, this paper examines the institutional and structural development of national quality infrastructure and standardization in Nigeria and the possible implication of an NQI in the country