Non-Oil Export Earnings and Economic Growth in Nigeria

• Author(s): Akpa, Amona Adah ; Onuh, Sixtus Samuel ; Kabuk, V. Elias ; Sanni, Obaje Sebastian
• Paper ID: 1703185
• Page: 67-73
• Published Date: 18-02-2022
• Published In: Iconic Research And Engineering Journals
• Publisher: IRE Journals
• e-ISSN: 2456-8880
• Volume/Issue: Volume 5 Issue 8 February-2022

Abstract

The study assessed non-oil export earnings and Economic Growth in Nigeria. Ex-post facto design was adopted for the study. The data were sourced from Central Bank of Nigeria (CBN), National Bureau of Statistics (NBS), and National Export Promotion Council (NEPC) bulletin spanning 1990 to 2021. Ordinary Least Square (OLS) method was employed to analyse the relationship between the dependent variable (GDP) and the independent variable (NOEXP). The result showed a positive and significant relationship between NOEXP and GDP (29%) in Nigeria. The study recommends that farmers should engage in innovative, modern, and sustainable farming techniques that will enhance productivity and higher returns (increasing return to scale)

Keywords

Non-Oil Export, Economic Growth, Staple Theory

Citations

IRE Journals:
Akpa, Amona Adah , Onuh, Sixtus Samuel , Kabuk, V. Elias , Sanni, Obaje Sebastian " Non-Oil Export Earnings and Economic Growth in Nigeria" Iconic Research And Engineering Journals Volume 5 Issue 8 2022 Page 67-73

IEEE:
Akpa, Amona Adah , Onuh, Sixtus Samuel , Kabuk, V. Elias , Sanni, Obaje Sebastian " Non-Oil Export Earnings and Economic Growth in Nigeria" Iconic Research And Engineering Journals, 5(8)