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Nigeria’s Trade Policy & Restrictive Trade

17th March 2021 Mr Godwin Emefiele Governor of the Central Bank of Nigeria Plot 33, Abubakar Tafawa Balewa Way Central Business District, Cadastral Zone Abuja. Dear Mr Emefiele, RE: NIGERIA’S TRADE POLICY AND RESTRICTIVE TRADE While congratulating our Dr Ngozi Okonjo-Iweala on her recent appointment as 7th Director-General of the World Trade Organization (WTO), we very much welcome your fair trade comments for a strong policy to protect our local industries against unfavourable trade practices and to create jobs for Nigerians. In the discussions with Dr Okonjo-Iweala, you referred to trade protection remedies to support local industry. This is brilliant! We also note that the CBN 5-year policy plan also supports growing our local industry by discouraging dumping and smuggling of foreign go...