Anti-Dumping Regulations and Practice in Nigeria

Book excerpt: This book is an attempt to examine the WTO/GATT anti-dumping regulations within the ambit of the peculiar developmental circumstances of developing countries with Nigeria in perspective. A combination of descriptive analysis and deductions are utilised with reference to the Nigerian experience, as a developing country seeking relevance in the global trading system where non-conforming states are regarded as pariahs. The non-availability of industries to cater for the needs of their populaces has rendered these countries viable global dumping ground for fake, substandard and adulterated products. The conclusion here that as far as developing countries are concerned, anti-dumping regulations as provided by GATT in Nigeria is akin to providing shoes for a man with no feet.