Made in Nigeria for Nigeria and the world

Abstract

This article examines Nigeria’s trade profile, with a detailed look at the imports bill, which consists majorly of manufactured and value added products and export bill, which consists majorly of crude oil. It points out that this trade composition is a huge challenge facing the economy and therefore, conscious efforts are required to rebalance the country’s trade profile. The article suggests that Nigeria needs to key into an export-driven industrialization model, which is crucial for the survival and relevance of the Nigerian economy in the global environment.