DAILY NEWS PROPOSAL: FINANCIAL, POLITICAL AND SOCIAL EFFECTS OF THE WORLDWIDE MOVEMENTS OF PRODUCTS SUBJECT TO INFORMAL PRACTICES. From this era of globalization, various economic areas are pursuing an incorporation agenda particularly in the area of transact by wearing down barriers and enhancing mutually beneficial industrial relations through trade liberalization schemes. Although this was suitable for legitimate control, to be governed by administration's fiscal policies, nevertheless it has established room for a few undocumented worldwide movement of goods, capable of distorting the socio-economic balance of several countries. In a developing region like Nigeria, while you can argue that with technological developments, it has become near-impossible for informality to exist at the nation's ports, same cannot be completely true about the land region. With a few selected land edges and variety of different " routesвЂќ, reports are all around of a lot of cross-border, casual yet monetary activities that occur which have far-reaching ramifications. The suggested paper can x-ray these kinds of reports since that of the World Bank on the level of illegitimate imports into Nigeria which was put for 15 percent of the nation's total importance and some anti-corruption agency studies stating several cases of undeclared hard currencies intercepted at some airfields to see that they relate to the social trouble of rising unemployment characters, the politics tension occasioned by the expansion of hands especially between ethnic and religious militias and the monetary dilemma of the waning regional manufacturing sector suffering under the weight of dumping of import restricted goods in the country. Several very well researched alternatives will be proffered on how to mitigate the severe national effects of these simple practices.