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The Impact Of Non-oil Export On Economic Growth In Nigeria (1986-2010)
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The essence of this work has been to determine the effect of non-oil export on economic growth in Nigeria, during the period of 1986-2010. In carrying out this study, secondary data were collected and empirical analysis was made. To achieve these objectives, multiple regressions were used in analyzing the data. The empirical results reveal that non-oil export is statistically significant to Nigeria economic growth. On the other hand, oil export also has been significant to Nigeria Economic growth of the non-oil export while government expenditure (GEX) has not been significant to Nigeria’s economic growth of the non-oil exports. Following this, some recommendations which include encouraging financial institutions, improving in data collection and banking, efficient allocation and use of resources, government base investing in non-oil sector in other to diversify the economy (from monoculture economy to a multicultural economy) and creating economic environment which will help boost the activity of non-oil export sector.
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CHAPTER ONE - [ Total Page(s): 4 ]This
criticism, according to Adenira (1999) made the Federal Government to
reform the Marketing Board System with a view to increase producers'
prices and income. He said that the essential features of the new reform
are the prices, which are now fixed by a single authority while
producer taxation (export duty and produce sale tax) has been abolished.
Another major innovation in the system is the creation of commodity
boards with responsibility of marketing specific products whenev ... Continue reading---
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CHAPTER ONE - [ Total Page(s): 4 ]This
criticism, according to Adenira (1999) made the Federal Government to
reform the Marketing Board System with a view to increase producers'
prices and income. He said that the essential features of the new reform
are the prices, which are now fixed by a single authority while
producer taxation (export duty and produce sale tax) has been abolished.
Another major innovation in the system is the creation of commodity
boards with responsibility of marketing specific products whenev ... Continue reading---
ABSRACT -- [Total Page(s) 1]
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ABSRACT -- [Total Page(s) 1]
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