Title: An Empirical Analysis Of Trade Protection And The Nigerian Economy
Authors: Ofonime Moses Akpan (Phd), Oluwatosin Yewande Akinbode (Phd)
Volume: 9
Issue: 11
Pages: 18-31
Publication Date: 2025/11/28
Abstract:
This study employs Autoregressive Distributed Lag (ARDL) modeling to analysis the co-integration relationship between trade protectionism policy and economic growth in Nigeria from 1988 to 2022. Making an argument for and against trade protectionism in Nigeria. The research aims to fill gaps in existing literature and provide insights into the dynamics of trade protectionism its benefits and effect in the Nigerian context. The findings highlights the complex relationship between trade protectionism and economic growth in Nigeria. While higher industry productivity is associated with higher tariff rates, lower unemployment rates are also linked to higher tariff rates. This suggests that protectionist measures may be influenced by both economic efficiency considerations and political pressures to maintain domestic employment levels. It suggest that in the long run trade protectionism is ineffective to grow the economy, this is as a result of the economic structure characterized by mono-product. The Nigeria economic does not have enough industry to produce and cater for the commodities needs and job capacity of its citizen. We therefore recommend that, Policymakers in Nigeria should carefully consider the trade-offs associated with protectionist measures, balancing short-term objectives, such as protecting domestic industries and maintaining employment, with long-term goals of promoting economic efficiency and competitiveness. Moreover, they should explore alternative policies that foster sustainable economic growth, such as investment in education and infrastructure, and promoting a conducive business environment to attract foreign investment and stimulate export-led growth.