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IMPACT OF NON-OIL EXPORT ON NIGERIAN ECONOMY (1986-2010)
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- Contributor: mr-chris
- engagements: 106
- Case No: 793115pw
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ABSRACT - [ Total Page(s): 1 ]The study investigated the impact of non-oil exports on Nigerian economy during the period of 1986-2010. This study was carried out against the background of the crucial role non-oil export can play as an alternative source of revenue apart from crude oil exports. To achieve this objective, multiple regressions were used in analyzing the data. The empirical result shows that non-oil export is statistically significant to Nigeria economic growth. On the other hand, Government Expenditure (GEX) was not significant to Nigerian economy. Due to this, some recommendations were made which include enc
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CHAPTER ONE - [ Total Page(s): 4 ]The Nigeria civil war brought about the deterioration of the oil palm grooves and plantations were abandoned and little if any new planting was undertaken. As a result of that, the output of palm oil and palm kernel declined drastically. But according to Onwuka (1985), the problems of palm products are due to the stagnation in the production of this wild palm tress, which are of low-yield quality, and the difficulties experience in harvesting them. In addition, the old system of pricing which guarantees low production prices for palm produce discourage substantial investment fr ... Continue Reading
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ABSRACT - [ Total Page(s): 1 ]The study investigated the impact of non-oil exports on Nigerian economy during the period of 1986-2010. This study was carried out against the background of the crucial role non-oil export can play as an alternative source of revenue apart from crude oil exports. To achieve this objective, multiple regressions were used in analyzing the data. The empirical result shows that non-oil export is statistically significant to Nigeria economic growth. On the other hand, Government Expenditure (GEX) was not significant to Nigerian economy. Due to this, some recommendations were made which include enc
... Continue Reading
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