Nigeria S Non Oil Exports

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Nigeria - U.S. Trade Relations in the Non-Oil Sector

Gbadebo Olusegun Odularu
Nigeria U S Trade Relations in the Non Oil Sector Book PDF

Author : Gbadebo Olusegun Odularu
Publisher : Universal-Publishers
Page : 199 pages
File Size : 41,5 Mb
Release : 2008-11
Category : Business & Economics
ISBN : 9781599427034

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Nigeria - U.S. Trade Relations in the Non-Oil Sector by Gbadebo Olusegun Odularu Pdf

In as much as trade fosters economic development, it also exacerbates poverty, especially in the sub Saharan African (SSA) countries. Against this backdrop, this study will increase our understanding of the estimation of non-oil commodity trade flows between Nigeria and the U.S. More specifically, the study aims to analysing the impact of African Growth Opportunity Act (AGOA) on the U.S. imports of non-oil products from Nigeria. The research objectives are woven around the following questions: - What is the nature of Nigeria's and the U.S.'s foreign trade policies with particular reference to non-oil trade? - What are the patterns, magnitude, composition and trends in Nigeria-US non-oil trade? - Which economic sectors possess greatest potential for fostering trade in the non-oil sector between Nigeria and the U.S.? - What is the impact of AGOA on the diversification and growth of non-oil exports in Nigeria? This study adopts the difference-in-differences (DiD) as the research methodology. Within the Nigerian context, DiD intuitively compares the trends in imports of AGOA non-oil products before and after AGOA with the pattern of imports of non-AGOA non-oil products before and after AGOA, controlling for the timing of AGOA, import capacity and economic performance of both U.S. and Nigeria. Using the World Trade Organisation (WTO) Integrated Data Base (IDB), the empirical analysis reveals that AGOA non-oil products increased by as much as 182 percent with the implementation of AGOA, while the non-AGOA non-oil products fell by 76 percent. Conclusively, AGOA has had a considerably positive impact on the Nigerian non-oil sector at the general level. The policy implication of the empirical analysis is the need for the U.S. to expand the product coverage and opportunities of AGOA non-oil products in order for AGOA to achieve its objectives of using trade as a potent tool for promoting economic growth in SSA.

Potentials for Diversifying Nigeria's Non-oil Exports to Non-traditional Markets

C. Adeniyi Osuntogun,C. C. Edordu,B. O. Oramah
Potentials for Diversifying Nigeria s Non oil Exports to Non traditional Markets Book PDF

Author : C. Adeniyi Osuntogun,C. C. Edordu,B. O. Oramah
Publisher : Unknown
Page : 54 pages
File Size : 49,7 Mb
Release : 1997
Category : Diversification in industry
ISBN : STANFORD:36105110484388

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Potentials for Diversifying Nigeria's Non-oil Exports to Non-traditional Markets by C. Adeniyi Osuntogun,C. C. Edordu,B. O. Oramah Pdf

Nigeria's Non-Oil Exports

Ms.Inutu Lukonga
Nigeria s Non Oil Exports Book PDF

Author : Ms.Inutu Lukonga
Publisher : International Monetary Fund
Page : 40 pages
File Size : 45,7 Mb
Release : 1994-05-01
Category : Business & Economics
ISBN : 9781451965841

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Nigeria's Non-Oil Exports by Ms.Inutu Lukonga Pdf

This paper reviews Nigeria’s non-oil export performance during the period 1970-90, analyzes the factors underlying the dismal performance, and estimates the supply-price elasticity of the exports for both the short and long run. A distinguishing feature of the analysis is the incorporation of the effect of domestic demand in the export supply equation for agricultural commodity exports--a feature usually reserved for the manufactured goods where it is generally assumed that domestic demand competes with export demand. The results provide evidence of the adverse effects of restrictive government policies on exports and underscore the utility of pricing policy in eliciting export supply.

Nigerian Non-oil Exports

Chidi Adiele Ulelu
Nigerian Non oil Exports Book PDF

Author : Chidi Adiele Ulelu
Publisher : Unknown
Page : 116 pages
File Size : 48,5 Mb
Release : 2000
Category : Diversification in industry
ISBN : IND:30000077636367

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Nigerian Non-oil Exports by Chidi Adiele Ulelu Pdf

The impact of FDI and non-oil exports on economic growth in Nigeria

Timothy Aderemi
The impact of FDI and non oil exports on economic growth in Nigeria Book PDF

Author : Timothy Aderemi
Publisher : GRIN Verlag
Page : 65 pages
File Size : 49,5 Mb
Release : 2018-06-06
Category : Business & Economics
ISBN : 9783668719576

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The impact of FDI and non-oil exports on economic growth in Nigeria by Timothy Aderemi Pdf

Scientific Study from the year 2018 in the subject Economics - International Economic Relations, , language: English, abstract: The controversy surrounding the impact of FDI and non-oil exports on economic growth and the dynamic interactions of these economic variables in Nigeria motivated this study. Empirical studies have found divergent views on the effect of FDI and non-oil exports on economic growth in the country. However, in achieving the objectives of this study, the author employed the dynamic OLS and VARS modeling to analyze the relationship between FDI, non-oil exports and economic growth in Nigeria during the period of 1980 to 2016. In testing for the time series properties, the evidence from estimated economic models suggests that all the variables examined are stationary at first difference I(Is) using the Augmented Dickey- Fuller (ADF) and Phillips-Perron. Also, Johansen Co integration test reveals that the variables are co integrated which confirms the existence of long-run equilibrium relationship among the variables. The study reveals that the impact of FDI on the economic growth was significant and as a unit increase in FDI impacted positively by 64% on the productive capacity of goods and services in Nigeria during the period. Meanwhile, reverse is the case for non-oil exports. In addition, the interactions among FDI, nonoil exports and economic growth appear very weak and do not follow a predictable pattern in Nigeria: that foreign direct investment should lead to improvement in non-oil exports and eventually expand the frontier of economic growth. This suggests that there are some structural rigidities in the economy that are preventing the impact of non-oil exports from being fully felt by the economy, particularly through economic growth channel. This further reinforces the presence of some institutional factors that create inherent problems in the economy that could frustrate any valid and sincere investment policies formulated by the government. Therefore, the study recommends that the policy makers need to create friendly economic policies and business environment that will boost further attraction of FDI into all sectors of the economy and the economy must be diversified as well towards non-oil sector in order to ensure maximum contributions from this sector to economic growth of Nigeria in the nearest future.

Nigeria's Non-Oil Exports

Inutu Lukonga
Nigeria s Non Oil Exports Book PDF

Author : Inutu Lukonga
Publisher : Unknown
Page : 40 pages
File Size : 47,8 Mb
Release : 2006
Category : Electronic
ISBN : OCLC:1291213227

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Nigeria's Non-Oil Exports by Inutu Lukonga Pdf

This paper reviews Nigeria`s non-oil export performance during the period 1970-90, analyzes the factors underlying the dismal performance, and estimates the supply-price elasticity of the exports for both the short and long run. A distinguishing feature of the analysis is the incorporation of the effect of domestic demand in the export supply equation for agricultural commodity exports -- a feature usually reserved for the manufactured goods where it is generally assumed that domestic demand competes with export demand. The results provide evidence of the adverse effects of restrictive government policies on exports and underscore the utility of pricing policy in eliciting export supply.

Nigeria and OPEC

G. O. Nwankwo
Nigeria and OPEC Book PDF

Author : G. O. Nwankwo
Publisher : Unknown
Page : 96 pages
File Size : 41,9 Mb
Release : 1983
Category : Nigeria
ISBN : IND:39000000573712

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Nigeria and OPEC by G. O. Nwankwo Pdf

Nigeria’s macroeconomic crisis explained

Arndt, Channing,Chuku, Chuku,Adeniran, Adedeji,Adetutu, Morakinyo,Ajayl, Victor,Mavrotas, George,Onyekwena, Chukwuka
Nigeria s macroeconomic crisis explained Book PDF

Author : Arndt, Channing,Chuku, Chuku,Adeniran, Adedeji,Adetutu, Morakinyo,Ajayl, Victor,Mavrotas, George,Onyekwena, Chukwuka
Publisher : Intl Food Policy Res Inst
Page : 15 pages
File Size : 47,6 Mb
Release : 2018-09-06
Category : Political Science
ISBN : 8210379456XXX

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Nigeria’s macroeconomic crisis explained by Arndt, Channing,Chuku, Chuku,Adeniran, Adedeji,Adetutu, Morakinyo,Ajayl, Victor,Mavrotas, George,Onyekwena, Chukwuka Pdf

Nigeria confronts a prolonged period of adjustment. For more than a generation, the oil sector generated large volumes of foreign exchange. However, with the recent bust in global oil prices and the resumed restiveness in the oil rich Niger-Delta region since 2014, Nigeria was thrust into macroeconomic crisis. Four years on, we argue that policymakers effectively responded to the dual shocks mainly through import compression. However, the scope for continued import compression is now distinctly limited. For Nigeria to grow and prosper, the long-discussed diversification of the export base must occur via rapid expansion of non-oil exports.

Promoting Nigeria's Non-oil Private Sector

Anonim
Promoting Nigeria s Non oil Private Sector Book PDF

Author : Anonim
Publisher : Unknown
Page : 310 pages
File Size : 55,9 Mb
Release : 2005
Category : Free enterprise
ISBN : STANFORD:36105132365417

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Promoting Nigeria's Non-oil Private Sector by Anonim Pdf

Production in the Nigerian Economy

Anonim
Production in the Nigerian Economy Book PDF

Author : Anonim
Publisher : Unknown
Page : 146 pages
File Size : 51,9 Mb
Release : 1993
Category : Diversification in industry
ISBN : STANFORD:36105070001040

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Production in the Nigerian Economy by Anonim Pdf

Economic Growth Through Export Expansion

Festus O. Egwaikhide
Economic Growth Through Export Expansion Book PDF

Author : Festus O. Egwaikhide
Publisher : Unknown
Page : 52 pages
File Size : 49,8 Mb
Release : 1992
Category : Exports
ISBN : STANFORD:36105070234310

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Economic Growth Through Export Expansion by Festus O. Egwaikhide Pdf