CROSS-BOARDER TRADE IN WEST AFRICA: AN ASSESSMENT OF NIGERIA AND NIGER BY YUSUF DANIEL SHERIFF MATRIC NUMBER: 21PS1341 BEING A RESEARCH PROJECT SUBMITTED TO THE DEPARTMENT OF POLITICAL SCIENCE, FACULTY OF SOCIAL SCIENCES, PRINCE ABUBAKAR AUDU UNIVERSITY A
Abstract
ABSTRACT
This study examine Cross-Border Trade in West African: An Assessment of
Nigeria and Niger. To guide this study, four research questions were posed. To
guide this study, four research questions were posed. The study employed
qualitative methods of data collection, analysis and interpretation of data from
documentary evidence of secondary sources while the theory of Regional
Integration guide the study. Findings from the study revealed that cross border
trade between Nigeria and Niger Republic has numerous benefits derive and
enjoy by these two countries. It enhances the economic growth which leads to
the economic development as revealed in the study that, no country can satisfy
the wants or needs of its citizenry and the aliens living within its territory, thus,
the nations can take and utilise the “comparative advantage” of each other,
through cross border and other forms of trade. It is noted that, cross border trade
creates employment among the teaming youths of Nigeria and Niger Republic.
The rate of unemployment is reducing drastically; the population will be
productive in the future and consequently poverty will be reduced thereby
increasing the Gross Domestic Product (GDP) of Nigeria and Niger Republic
through cross border trade. Therefore the issue of cross border trade will
ultimately increase per capita income of the citizenry of both countries. By so
doing, the standard of living will be improved and sustainable development will
be attained. The study recommends that there should be immediate setting up
along these lines of formal exchange mechanism such as setting up of Banks
and financial institution along the borders and the immediate coordination of
trade and structural policies with a view to harmonizing objectives, priorities
and produces. Since transaction of goods along the border involves large sums
of money and Nigeria and Niger are two different countries therefore their
currencies differs, therefore the setting up of banks and financial institutions
would be of vital help to the people and the law enforcement
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