Nigeria: Nigeria as a dumping ground

In recent years, Nigeria has become an importer of almost everything under the sun and exporter of almost nothing (except oil and gas). This has resulted in very sharp unfavourable balance of trade with many countries.
That explains why Nigeria has become what the Ministry of Commerce and Industries described as "dumping ground" for stronger economies in the world: Automobiles, furniture, leather, canned food, drinks, and even refined petroleum products.