Trade Liberalization And The Nigerian Automotive Industry (2000 2011)

ABSTRACT  This paper examined the impact of the new wave of trade openness on the Nigerian automotive industries. We observed that states who adopt trade liberalization policy are required to first of articulate and put in place a sound trade management framework that will serve as both external trade defense mechanism and internal stimulator for industrial global competitiveness, without which their economies will remain a dumping ground for more proactive and industrialized countries. Aside the indigenous auto component firms that recorded a significant growth in investments, production outp…