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Tariff Harmonization in West Africa and Africa: Prospects for the Nigerian Manufacturing Sector

In: Perspectives on Industrial Development in Nigeria

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  • Oyeyemi Adegbite

    (Enterprise Consultancy Services)

Abstract

Tariff harmonization and the adoption of a common external tariff have been a major goal of the founding fathers of the Economic Community of West African States (ECOWAS) since the formation of the regional economic community in 1975. However, over the next 25 years not much was achieved in this direction until the year 2000 when at a summit of the Heads of State of ECOWAS member states held in Abuja, Nigeria, it was resolved to adopt a common external tariff (CET) against third countries with effect from first January 2001. It was also resolved that the ECOWAS CET is to be based on the lowest custom duties currently applicable in the Community.

Suggested Citation

  • Oyeyemi Adegbite, 2021. "Tariff Harmonization in West Africa and Africa: Prospects for the Nigerian Manufacturing Sector," Advances in African Economic, Social and Political Development, in: Perspectives on Industrial Development in Nigeria, chapter 0, pages 233-248, Springer.
    • Handle: RePEc:spr:aaechp:978-3-030-84375-5_9
    DOI: 10.1007/978-3-030-84375-5_9
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