Towards An Understanding of the Dynamics of Anglo-Nigerian Trade Relations, 1971 To 1990


Nigerian-British Trade relations spanned the pre-colonial, colonial and post-colonial period. The main thrust of the paper is to irradiate the dynamics of Anglo-Nigerian Trade Relations during the period, 1971 to 1990. The paper examines the trade interactions in commodities especially imports and exports that occurred between Nigeria and Britain and looks at the evolving nature of the relations during the period. It also highlights the pattern of dependency in Anglo-Nigerian Trade relations and how the peculiarities of the period affected the character of the relations. The paper concluded by submitting that Anglo-Nigerian Trade relations during 1971 to1990 were more beneficial to Britain than Nigeria because of disequilibrium in Trade Relations, payment, difficulties on the part of Nigeria and her failure to meaningfully diversity its exports, which had over-concentration on oil to the relative sheer neglect of agricultur., There is therefore need to address those areas so as to redress the imbalance.

Keywords: Anglo-Nigerian, Dynamics, Exports, Imports, Trade Imbalance, Trade Relations

Article Review Status: Published

Pages: 14-29 (Download PDF)

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