International Trade and an Emergent Nigeria – Abidemi Paramole

Very recently, Nigeria has experienced possibly the worst kind of financial meltdown since its independence as a sovereign nation. Many factors contributed to this happening however, it is widely believed that the country’s sole dependence on only the oil sector as a means of generating its revenue, contributed largely to this. Hence, this paper seeks to examine how international trade has become the only reasonable and viable option for Nigeria to undertake in order to not only slip out of the grasp of recession, but to also ensure and maintain a system where development is achieved swiftly and with ease.

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