Corruption, Lack of Transparency is Nigeria’s Trade And Investment Barrier – US Says
The United States of America has expressed unbelief in Nigeria’s judicial system, stating that lack of transparency and corruption are the problems hindering investment and trading in the country.
As seen on the 2025 National Trade Estimate Report on Foreign Trade Barriers, from the Office of the United States Trade Representative, the report stated that Nigeria finds it difficult to pass justifiable judgement on corruption related crimes.
“Efforts to strengthen anti-corruption measures have been hampered by inter-ministerial infighting and partisan politics.
“Questions also remain regarding the Nigerian justice system’s capacity to achieve convictions and appropriate sentencing for corruption-related crimes,” the report partly stated.
On the other hand, the report also stated that Nigeria has since refused to approve the application to import US agricultural products in their categories.
It also stated that Nigeria’s Import tariff is maintained at 50 per cent or more on 79 tariff lines.
The report further communicated the US’s concern over Nigeria’s continuous ban on the importation of poultry, beef, spaghetti, fruit juice in retail packs, used vehicles over 12 years old, soaps, and certain alcohols.
“The Nigeria Customs Service continues to ban the import of 25 different product categories,” it added.
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