Second-hand vehicle markets in West Africa: A source of regional disintegration, trade informality and welfare losses

This article critiques the second-hand vehicle markets in the West African region, focusing on the triad trading arrangements among Nigeria, Benin, Togo, and Niger. These countries are connected by a number of underlying conflicting interests in the second-hand vehicles trade. Benin and Togo are incentivised by the revenues derived from re-export trade and port operations. Niger provides a proxy market for the illegal re-export of these vehicles to Nigeria, with the latter suffering huge welfare losses as a major consuming nation. We conclude that by offering conflicting benefits to the West African countries, the second-hand vehicle market provides disincentives against true regional integration.

This article appeared in Business History, 61:1, 187-204. 

Author(s) / editor(s)

Abel Ezeoha, Chinwe Okoyeuzu, Emmanuel Onah & Chibuike Uche

About the author(s) / editor(s)

Abel Ezeoha is affiliated to Ebonyi State University.

Chinwe Okoyeuzu is affiliated to the University of Nigeria, Enugu.

Emmanuel Onah is affiliated to the University of Nigeria, Enugu.

Chibuike Uche is the Stephen Ellis Chair in the Governance of Finance and Integrity in Africa at Leiden University.

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