Corruption, Customs racketeering, govt infighting frustrating trade with Nigeria — US Report

Vanguard News | 17-09-2026 09:48am |

The United States government has described Nigeria's trade environment as one of the most corrupt and frustrating in the world, according to the 2026 National Estimate Report on Foreign Trade Barriers. The report cites endemic corruption, inter-agency infighting, extortion at ports, and an opaque regulatory system as major barriers to foreign trade and investment. It notes that US goods exports to Nigeria surged to $6.8 billion in 2025, creating a $1.8 billion trade surplus in favor of America. However, US firms continue to face substantial barriers that threaten their competitiveness and, in some cases, completely block American goods from entering the Nigerian market.

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