Abstract This paper examines the role of International Financial Institutions in the context of trade financing in a developing country, such as Nigeria. This paper uses a case study, qualitative interviews, and quantitative surveys to understand the role of the World Bank and the International Monetary Fund on trade financing, as well as the trade financing enhanced by IFIs through the development of infrastructure, policy reforms, and capacity-building initiatives. The study also explores the growing impact of trade financing bureaucratic inefficiencies, corruption, and the social realities of the implications of conditionalities. These case studies include the Nigeria Agricultural Transformation Agenda and the IMF's Extended Fund Facility program. This piece of research fills a gap in the literature by assessing the implications of the mechanisms employed by IFIs and trade financing, presenting practical suggestions geared toward policy reform, and stressing the importance of consensus-building among all actors to further advance the initiatives. Furthermore, additional and adaptive research is needed in relation to trade practices, which continues to evolve. Keywords: International Financial Institutions, Trade Financing, Nigeria, World Bank, IMF, Economic Development, Policy Reforms, Infrastructure Development
Emmanuel Chizoba Idoko (Wed,) studied this question.