Main Article Content
Abstract
Regional organizations have generally grown as a consequence of internal and external push in growing nations, particularly those that are devoted to regional economic integration. This came about as a result of the notion that certain obstacles needed to be removed for their nations to advance. Global growth in development cooperation has also been spurred by the anticipated advantages of regional cooperation for trade and economic development, notably the advantages of economies of scale and expertise brought about through commerce. Thus, this paper examined the significance of economic integration to the development of Nigeria. The study gave credence to the concepts of economic integration, the need for economic integration, economic integration and the Nigeria economic development, and Nigeria’s readiness to fully leverage on integration. Data was collected from published academic articles. Based on the data reviewed, it was concluded that economic integration significantly contributed the development of Nigeria, making it a crucial first step in realizing its full economic potential. Despite this, however, it was revealed that Nigeria is not fully ready for full economic integration. It was, therefore, recommended that for integration to fully benefit the nation, the private sector's productivity growth must be increased. Also, to fully reap the tangible opportunities of regional integration, the country would require a strong collaboration of reforms and programs that set it up for international commerce