Protectionism: Key to saving Nigeria’s retail stores and trade

By YUSUF KOLAWOLE
Nigeria’s retail sector is one of the most important pillars of the country’s economy. From the small provision shop on the street corner to supermarkets, open markets, distributors and large wholesale businesses, millions of Nigerians depend directly or indirectly on buying and selling for their livelihoods. Yet, Nigeria’s retailers and local manufacturers are facing a growing challenge: the enormous volume of imported products entering the Nigerian market, particularly from China and other major manufacturing economies.
The issue is no longer simply about whether Nigerians should have access to foreign goods. The bigger question is whether Nigeria can continue to d...