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The Impact Of Non-oil Export On Economic Growth In Nigeria (1986-2010)
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1.3 OBJECTIVE OF THE STUDY
This
research has a particular focus that aims at examining the causes of
growth in government revenue using non-oil revenue of the government as
an instrument. The non-oil revenue spanning the range of products as
agriculture and manufacturing. The major objectives are broadly defined
as follows:
(a) To evaluate Nigerian's past and present non-oil exports effect in the promotion of economic growth.
(b) To evaluate government policies or measures towards boosting non-oil sectors contribution to the economy.
(c) To evaluate the factors responsible for the decline in the contributions of non-oil revenue to the economy.
(d) To make recommendations on the ways of improving the non-oil sector
1.4 SIGNIFICANCE OF THE STUDY
1.4.1
The study of the contributions of non-oil export to the growth of
Nigeria economy is significant and important, for this knowledge, it
will enable the policy makers to formulate appropriate policies that
will aim at improving on the quote of the total revenue brought about by
the non-oil sectors of the economy. This study is also important and
significant in that it will examine the various ways of improving non -
oil outputs.
This study will also evaluate the contributions of non -
oil sector towards raising the living standard of Nigerians with in the
period under review (1984- 2003).
Since not so much works have been
done on the contributions of non- oil exports to Nigerian economic
growth, this study will be of great importance.
1.5 SCOPES AND LIMITATIONS OF THE STUDY
This
study is an attempt to evaluate and review agricultural products and
policies in the economy towards economic growth and development in
Nigeria. It intends to cover the periods between 1984 and 2003. It
intends to evaluate the contributions of non-oil exports to Nigerian
economic growth and development.
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ABSRACT - [ Total Page(s): 1 ]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 growt ... Continue reading---
