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Impact of Non-Oil Export on the Nigerian Economy

Impact of Non-Oil Export on the Nigerian Economy

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DEDICATION

This research material, titled “Impact of Non-Oil Export on the Nigerian Economy” is dedicated to God for His boundless grace and guidance. It is also a tribute to all computer enthusiasts whose contributions made my research journey smoother and enriched my documentation process, making the experience truly fulfilling.




ACKNOWLEDGEMENT

I am profoundly grateful to everyone who contributed to the successful completion of this project. I am especially grateful to my Supervisor (Name), the Head of Department (Name), and the Lecturers in the Department of Economics for their invaluable guidance and support. I also acknowledge the contributions of authors and scholars whose works on Impact of Non-Oil Export on the Nigerian Economy provided essential insights. Special thanks go to my study area (and any funding organizations, if applicable) for their financial assistance. I am equally thankful to stakeholders, including mentors, teachers, and colleagues, for their encouragement and support. Finally, I deeply appreciate my family and friends for their patience and unwavering support throughout this journey. Your contributions have been instrumental in making this research a reality.




PRELIMINARY PAGES


CHAPTER ONE

  • 1.0 Introduction
  • 1.1 Background of the Study
  • 1.2 Statement of the Problem
  • 1.3 Objective of the Question
  • 1.4 Statement of Hypothesis
  • 1.5 Significance of the Study
  • 1.6 Scope and Limitations of the Study

CHAPTER TWO

  • 2.0 Literature Review
  • 2.1 Theoretical Literature
  • 2.1.1 The Agricultural Commodities and Products Exports
  • 2.1.2 The Manufacturing and Craft Export Product
  • 2.1.3 The Solid Mineral Export Product
  • 2.2 Empirical Literature
  • 2.3 Limitations of the Previous Studies

CHAPTER THREE

  • 3. O Research Methodology
  • 3.1 Model Specification
  • 3.2 Methods of Evaluation
  • 3.3 Model Justification
  • 3.4 Sources of Data and Software Packages

CHAPTER FOUR

  • 4.0 Presentation And Analysis Of Results
  • 4.1 Presentation of Result
  • 4.2 Result Interpretation
  • 4.2.1 Analysis of the Regression Coefficients
  • 4.2.2 Evaluation Based on Economic Criteria
  • 4.2.3 Evaluation Based on Statistical Criteria
  • 4.2.4 Evaluation Based on Econometric Criteria
  • 4.3 Evaluation of the Research Hypothesis
  • 4.4 Policy Implication

CHAPTER FIVE

  • 5.0 Summary, Recommendations And Conclusion
  • 5.1 Summary of Findings
  • 5.2 Policy Recommendations
  • 5.3 Conclusion
  • BIBLIOGRAPHY



ABSTRACT

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 encouraging financial institutions, improving in data collection and banking, efficient allocation and use of resources, and creating economic environment that will help boost the activity of non-oil export sector.



Impact of Non-Oil Export on the Nigerian Economy



Introduction

1.1 Background Of The Study

There are a number of reasons for a country to be concerned about its rate of economic growth. Economic growth is designed by both affluent and non-affluent economies. Economic growth is the desire for higher levels or real per capital income, real output which must grow faster than the production of the economy in question. Economists, policymakers, public and private sectors work ceaselessly forwards attaining economic growth by the use of development and growth models and policies. Among the policies used are trade policy (import and export policies, monetary policy, exchange rate policy, fiscal policy, market, etc). In this study, the non-oil exports and economic development in Nigeria will be examined.

Non-oil exports are the products which are produced within the country in the agricultural, mining, and querying and industrial sectors that are sent outside the country in order to generate revenue for the growth of the economy excluding oil product. These non-oil export products are coal, cotton, timber, groundnut, coca, beans, etc.


CHAPTER TWO

2.0 Literature Review

2.1 Introduction

This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the conceputal review, theoretical framework, the review of related literature …

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Defense Procedure for Economics Researchers


In preparation for defending a project or seminar on Impact of Non-Oil Export on the Nigerian Economy, it is imperative that as a nursing student, you demonstrate comprehensive knowledge of your research. The defense process is structured to include presenting your work, answering questions, and illustrating its pertinence. Initially, provide a succinct yet thorough introduction to your research topic, emphasizing its importance and the objectives, ensuring that both the audience and the External Examiner can understand the scope of your study.


Prior to your defense, be thoroughly acquainted with your research abstract and the critical elements of Chapter One, including motivation for embarking on this research, problem statement, objectives, and significance. In Chapter Two, be ready to cite at least two references from the literature review. For Chapter Three, you should be equipped to discuss the methodologies, tools, and techniques utilized. In Chapter Four, defend your research by justifying the findings and linking them to your research objectives.


Conclude your defense by succinctly summarizing the study and offering insightful, evidence-based recommendations. A professional dress code, such as wearing a suit and tie, is vital to create a favorable impression and elevate your presentation.


During the question and answer segment, the External Examiner may pose questions pertaining to your research. If confronted with a challenging or irrelevant question, respond diplomatically with, “Sorry, Sir/Madam, the question asked is beyond the scope of my study.” Whenever possible, direct your answers back to your research findings to reinforce your expertise.


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