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12.5% U.S. Tariff on Nigeria: Crisis or Opportunity?, Muda Yusuf Explains
Posted
July 28, 2026
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315
July 28, 2026
315
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8:27Now PlayingThe United States has imposed a 12.5% tariff on selected Nigerian imports, but does it really pose a major threat to Nigeria's economy?.
With crude oil and LNG largely exempt, some economists argue the impact will be limited. In this conversation, Dr. Muda Yusuf, CEO of the Centre for the Promotion of Private Enterprise (CPPE), examines whether Nigeria has escaped a trade shock or whether the tariffs expose a deeper challenge—its heavy reliance on oil exports.
We discuss the sectors most at risk, the future of export diversification, and what Nigerian businesses and policymakers should do in an increasingly protectionist global economy.
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