ALFRED NON-OIL EXPORTS ON ECONOMIC GROWTH

ABSTRACT

The research focuses on the impact of non-oil exports on Nigerian economy. It employs the documentary method in retrieving secondary data for the study. The data is retrieved from the CBN statistical bulletin for the year 2016. The method of data analysis is the ordinary least square (OLS) method of multiple regressions using the Microfit software. At the end of the analysis, it is discovered that non-oil exports has a significant impact on the economic growth of Nigeria. I recommend that there should be a quick diversion from monoculture economy to a multicultural one. This is so. Since the oil which Nigeria depends on is prone to shocks beyond the control of the country. As such, crude oil revenue should be put into a secondary role so as to make Nigeria economy self-sustaining, and also that the government should endeavour to support various export promotion programmes and institutions. This could be achieved by encouraging financial institutions, both formal and informal, to make loans available at reduced rates of interest for investors as to increase the level of investment in this country.

 

 

 

 

 

 

 

TABLE OF CONTENTS

Title Page…   …         …         …         …         …         …         …         …         …                     i

Certification…          …         …         …         …         …         …         …         …                     ii

Dedication… …         …         …         …         …         …         …         …         …                     iii

Acknowledgement…           …         …         …         …         …         …         …                     iv

Abstract…     …         …         …         …         …         …         …         …         …                     v

CHAPTER ONE: INTRODUCTION

1.1             Background to the Study    …         …         …         …         …         …                     1

1.2             Statement of the Problems …        …         …         …         …         …                     2

1.3             Objectives of the Study…   …         …         …         …         …         …                     3

1.4             Research Questions…         …         …         …         …         …         …                     4

1.5             Research Hypothesis          …         …         …         …         …         …                     4

1.6             Scope of the Study…            …         …         …         …         …         …                     5

1.7             Significance of the Study    …         …         …         …         …         …                     5

1.8             Limitations of the study     …         …         …         …         …         …                     6

1.9             Definition of Terms…         …         …         …         …         …         …                     6

CHAPTER TWO: LITERATURE REVIEW

2.1             Introduction to the Study.…          …         …         …         …         …                     8

2.2             Current Literature Review…         …         …         …         …         …                     8

2.3             Relevant Theories of the Review…          …         …         …         …                     12

2.4             Chapter Summary… …         …         …         …         …         …                     16

CHAPTER THREE: RESEARCH METHODOLOGY

3.1             Introduction …         …         …         …         …         …         …         …                     18

3.2             Research Design …  …         …         …         …         …         …         …                     18

3.3             Population of the Study…  …         …         …         …         …         …                     18

3.4             Sample/Sampling Technique…     …         …         …         …         …                     18       

3.5             Method of Data Collection…          …         …         …         …         …                     19

3.6             Model Specification …         …         …         …         …         …                     19

3.7             Estimation Procedure        …         …         …         …         …         …                     19

CHAPTER FOUR: DATA PRESENTATION, INTERPRETATION AND DISCUSSION

4.1             Data Presentation…            …         …         …         …         …         …                     21

4.2             Data Analysis           …         …         …         …         …         …         …                     22

4.3             Interpretation of Results   …         …         …         …         …         …                     23

4.4             Discussion of Findings       …         …         …         …         …         …                     27

CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATIONS

5.1             Summary                   …         …         …         …         …         …         …                     28

5.2             Conclusion…            …         …         …         …         …         …         …                     28

5.3             Recommendations…           …         …         …         …         …         …                     30

REFERENCES

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