Nigeria as a member of the WTO is open to trade liberalization policies and has consequently opened its market to imports from various global trading partners. For this reason, it is vital to protect domestic industries from material injury or threats of injury caused by subsidized imports to maintain fair trade within the country. The only legislation dealing with anti-dumping measures in Nigeria is the Customs Duties (Dumped and Subsidized Goods) Act 1958, which was enacted for the protection of indigenous industries from unfair foreign competition. This paper seeks to examine the existing regulatory framework for combating dumping trade practices as well as the anti-dumping measures set out in Nigeria. The paper would also examine the proposed legislative interventions by the National Assembly as to whether they reflect the provisions of the Anti-Dumping Agreement (ADA) under the GATT and proposed few legal solutions to the present dilemma.
Keywords: Anti-dumping measures, Dumping, International Trade, Trade Liberalization
