Nigeria is one of the developing countries of the world yet at the
fringe of industries development, but the huge internal market and the vast
resources base both human and material are so formidable that local and foreign
investors should be tumbling over each other in advancing the peace of
At this point one may ask, what are the restraining factors? First
on the list of these factors is smuggling which is going to be main research
topic of this project.
One of the measure taken by General Ibrahim Babangida the former
President of Nigeria and also regime of Gen. Sani Abacha to accelerate the
growth of local industries is the widespread ban on importation of raw
materials and certain classes of goods which was seen to be detrimental to the
growth of our local industries. If must be admitted that this measure conflicts
with the interest of foreign experts and home importers so it was easy to
speculate that every effort would be made by them to render it nugatory. The
measure was generally welcomed by, the private sector and should have assisted
local industries to grow and expand, if properly enforced. However, the act of
some unscrupulous men through of our local industries.
There have been reports of large scale smuggling of goods in and
out of the country.
Various groups of local business men are being accused including
some Orientals (Japan, Europe and China and Assists who are said to be
notorious in the malpractice.
In 1995, lien. Sani Abacha and the federal government reviewed to
check this hideous crime by given priority on agriculture and domestic
investors. There have also been incessant calls from different government
agencies that the organized private sector should join in the crusade by giving
members and these swaggers in order to ride Nigeria out of this malpractice and
ensure a strong and viable economic environment within which to operate.
Smuggling is not a new way of life in any part of the world.
nations down through the stream of time have had on one occasion or the
other need a way(s) to curb smuggling there is no nation through that can claim
to have successfully curbed its entirely smugglers and their unpatriotic
notorious acts. But in recent time, this act has become a regular feature of
life in Nigeria and Nigerian’s in their increasing members have bee calling on
the governments and citizens to do this or that to save them from this curse
that can lead to a retardation of the much needed industrialization take off.
At this juncture, lets draw attention to SUNRISE FLOUR MILL
EMENE, which is one of the Enugu state government established local industries
established in 1983 under the defunct administration of Chief Jim Nwobodo.
The industry is solely of food processing industries with the
following products line, SUNRISE Flour, SUNRISE SEMOLINA, SUNRISE WHEAT.
Unfortunately, the industry could not survive the strain of the
economic depression as a result it went out of production in 1985 and reassumed
production again 1992. It was later found out that SUNRISE FLOUR could not
survive the flux of smuggling of flour in the market hence its inability
to survival. This research work will fully treat the effect of smuggling on our
OBJECTIVE OF THE STUDY
The purpose of this study is to find out the ways of combating smuggling which
is one of the major factors retarding the growth of our local industries. It is
also aim of exposing the socio-economic implication of smuggling and the
need to boast our local industries
STATEMENT OF PROBLEMS
One major problem militating against the growth of our local
industries is smuggling of goods in and out of the country. This has prompted
this research ( into finding the causes, ways of preventing it and exposing the
people who engage in this act).
To this effect, the following problem questions would be answered
in the course of doing this work.
To what extent is the growth of our local industries?
Is the average local industry able to provide the needs of Nigeria
require of them.
If no to question 2, why can’t they provide these needs? What are
the avenues open to them to accelerate their growth?
Can’t there be a way of preventing smuggling which is one of the
factors retarding their growth?
Can there be argument for smuggling?
Which are the industries most effected by smuggling?
All these problem questions would be taken care of in this
research work through efficient and effective conduct of this task by the
IMPORTANCE OF THE STUDY
This research work will be of immense benefit to industries
suffering from the hands of smuggling, and unfolding the socio – economic
implications of smuggling, and the need to check smuggling of goods which will
serve as a Catalyst in the growth of our local industries.
It will also be of help to business administrative students by
giving them an insight of some economic measure widening their knowledge in
economic environment of this country, and the role they could play after their
career in promoting fostering the economic status of this great nation Nigeria
of immense benefit, would the project be to student of related discipline and
other interested scholars.
Finally other researchers can use this study as a launching pad to
study into other areas of economic problems.
DEFINITION OF TERMS
There is however bounds, to be terms which may be lien to the
reader to destine some of them to enhance simple analytical approach to the
The structural Adjustment programme (SAP). This refers to an
excellent policy made in good faith by government to solve Nigerian’s long and
short term economic problems. The package includes trade liberalization,
devaluation of currency and privatization.
The Gross Domestic product (GDP). This refers to the totality of
the product of a nation in a given period both agricultural and industrial.
Inflation:- This is a period when there is a persistent rise in
price where there is too much money in circulation chasing few goods.
Contrabands:- These are goods brought into or taken out of a
country. This is a contrary to the law (trade in) goods brought in or taken out.
Foreign Investors: - Foreigners who come into Nigeria and invest
their capital in the production of goods and services.
TERMS AND CONDITIONS APPLY
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