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20 Nigerian L.J. 392 (2017)
The EU-ECOWAS Economic Partnership and Its Right to Development Implications for Nigeria

handle is hein.journals/nlj20 and id is 401 raw text is: 








The EU-ECOWAS Economic Partnership Agreement and Its
Right to Development  Implications for Nigeria

Onu, Kingsley  Osinachi N.*

     Abstract
     In the past decades, many  jurists and scholars have
     struggled to unravel the puzzle otherwise called EU-
     ACP  EPAs.  The crux of the EU-ECOWAS   EPA  (which
     has poverty eradication, ECOWAS  regional integration
     and  gradual integration of ECOWAS   into the global
     economy   as  its overriding objectives) is that an
     asymmetrical FTA  shall be created between the parties
     to the effect that the EU  shall liberalize its market
     completely for goods from the ECOWAS   nations while
     the  ECOWAS will reciprocate the gesture by
     liberalizing 75 percent of her market to the EU over a
     period  of 20  years.  This  article investigates the
     advantages and the disadvantages of the EPA for both
     parties; as well  as  the implications of  EPA   for
     ECOWAS regional integration.   It also considers the
     EPA   vis-h-vis the concept of Right to Development
     (RTD)  as it relates to Nigeria. This article finds that
     EPA  as it is presently constituted will lead to huge lose
     of fiscal revenue for the ECOWAS   states without an
     adequate plan on how  to cover up for the loss. It also
     has serious consequences for the local industries which
     all will accumulate to a gross violation of PRTD  in
     Nigeria.  However, not signing EPA  will also expose
     Nigeria to trade diplomatic rift with her ECOWAS
     neighbors and EPA  compliant countries or RECs. This
     article concludes by proffering some WTO-compatible
     alternatives to EPA that will be fair for both parties. It
     also proffers some realistic approaches for attainment
     of  a  human   centered economic   emancipation  for
     Nigeria.

*  LL.B (HONS) (EBSU), BL (Yenagoa), LL.M (Ibadan), PNM, NIM. E-
   mail: kingsleyonu202O@gmail.com;
   .  Phone Number: +2348062905222. Lecturer, Faculty of Law, Adeleke
   University, Ede, Osun State, Nigeria.

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