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Impact Of Non-oil Export On Nigerian Economy (1986-2010)
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1.5 SIGNIFICANCE OF THE STUDY
The
study of the contributions of non-oil export to the growth of Nigerian
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 quota 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 sector
towards raising the living standard of Nigerians in the period under
review (1986-2010).
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.
1.6 SCOPE 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 period 1986 to 2010. It also intends to
evaluate the contribution of non-oil exports to Nigeria economic growth
and development.
This study would be based largely on secondary data
the reliability of the findings of this study would largely depend on
the liability of these data.
Again, our discussions will be
restricted to non-oil exports even though we realize that the GDP of the
country is composed of Oil and non-oil exports.
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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) wa ... Continue reading---
