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ABSTRACT
The study investigates the impact of exchange rate changes on non-oil export in Nigeria between 1970 and 2014, using Nigeria time series data; The study examines the significant role of exchange rate and inflation on non-oil export of the economy which other studies might have ignore; In achieving the objectives of this study, Ordinary Least Square methods involving Augmented Dickey-Fuller (ADF), unit roots test of stationarity, were applied; The result shows that exchange rate and inflation have no significant impact on non-oil export whereas trade openness have a positive relationship with non-oil export, which shows that trade openness increases non-oil export in Nigeria; This study amongst others encourages the government to strengthen the legislative and supervisory framework of non-oil sectors in Nigeria and diversify the economy to ensure maximum contributions from all faces of the sectors to economic growth of Nigeria, as well as enhancing the productivity and output of non-oil commodities coupled with providing markets for the commodities.
INTRODUCTION
Exportation is required by any economy to enhance revenue and usher in economic growth and development. It is therefore crucial for economic progress and this has informed the idea of export-led growth. Export is a catalyst necessary for the overall development of an economy (Abou-Strait, 2005). It was also noted that foreign trade creates an avenue for foreign capital to flow into a country (Ricardo, 1817), this increases the earnings of the country thereby creating an avenue for growth by raising the national income of the country. It also increases the level of employment in the economy as a higher demand for exports will require more production which will in turn lead to the employment of more people. Exportation by a country also helps attain a favorable balance of trade and balance of payment position for the exporting country provided its exports reasonably exceed its imports. In a country like Nigeria where the level of investment is low, foreign capital is very much needed in order to accelerate the creeping rate of economic growth. The Nigerian economy is one that depends largely on foreign trade for growth and is also one which depends majorly on one export commodity at a time. For instance, at independence…
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SIMILAR BUSINESS EDUCATION FINAL YEAR PROJECT RESEARCH TOPICS
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1. BUDGETING AND PROFITABILITY IN AN ORGANIZATION (A STUDY OF SAMSUNG ELECTRONICS NIGERIA PLC)
» ABSTRACT A budget is a comprehensive, formal plan that estimates the probable expenditures and revenues for an organization over a specific period. De...Continue Reading »Item Type & Format: Project Material - Ms Word | 88 pages | Instant Download | Chapter 1-5 | BUSINESS EDUCATION DEPARTMENT
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2. SOCIOLOGICAL FACTORS AFFECTING CUSTOMERS’ BEHAVIOUR IN THE MARKETING OF SOME SELECTED CONSUMER’S GOODS
» CHAPTER ONE 1.0 INTRODUCTION Sociological factor affecting the individual as a customer in marketing of some selected consumer goods is that, the dist...Continue Reading »Item Type & Format: Project Material - Ms Word | 45 pages | Instant Download | Chapter 1-5 | BUSINESS EDUCATION DEPARTMENT
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3. FACTORS AFFECTING THE PERFORMANCE OF SMALL AND MEDIUMSCALE BUSINESSES IN UYO LGA
» CHAPTER ONE 1.0 INTRODUCTION Small and medium scale business constitutes the highest percentage of business establishments in the country both at the ...Continue Reading »Item Type & Format: Project Material - Ms Word | 75 pages | Instant Download | Chapter 1-5 | BUSINESS EDUCATION DEPARTMENT
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4. EFFECT OF TRANSPORTATION ON THE PRICES OF COMMODITIES
» CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF STUDY The present day condition of the continuous rise in prices of commodities (consumable and durable...Continue Reading »Item Type & Format: Project Material - Ms Word | 64 pages | Instant Download | Chapter 1-5 | BUSINESS EDUCATION DEPARTMENT
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5. PROBLEM AND PROSPETS OF SMALL SCALE FISH FARMERS IN EDO STATE: A CASE STUDY OF OVIA NORTH EAST LOCAL GOVERNEMNT AREA OF EDO STATE
» CHAPTER ONE INTRODUCTION The story of aquaculture in Nigeria is essentially the story of catfish culture and the hope of fish supply in Nigeria hang o...Continue Reading »Item Type & Format: Project Material - Ms Word | 0 pages | Instant Download | Chapter 1-5 | BUSINESS EDUCATION DEPARTMENT
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6. THE APPLICATION OF PRODUCTION SKILLS IN THE MANAGEMENT OF BUSINESS ORGANIZATION TO GAIN COMPETITIVE ADVANTAGE
» CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Production skills (defined) Industries and business organization be it private or public, have one th...Continue Reading »Item Type & Format: Project Material - Ms Word | 68 pages | Instant Download | Chapter 1-5 | BUSINESS EDUCATION DEPARTMENT
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7. PRODUCTION OF BAR SOAP
» CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF THE SUBJECT MATTER Soap has been a product with over a 5000 years history. It has remained an essential...Continue Reading »Item Type & Format: Project Material - Ms Word | 50 pages | Instant Download | Chapter 1-5 | BUSINESS EDUCATION DEPARTMENT
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8. ENTREPRENEUR COMPETENCY REQUIRED BY BUSINESS EDUCATION STUDENT IN ESTABLISHING SMALE SCALE VENTURES IN AKWA IBOM STATE
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Entrepreneurship is now seen as an important component within contemporary economic development o...Continue Reading »Item Type & Format: Project Material - Ms Word | 74 pages | Instant Download | Chapter 1-5 | BUSINESS EDUCATION DEPARTMENT
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9. ASSESSMENT OF SIWES RELEVANCE TO BUSINESS EDUCATION PROGRAMME OBJECTIVES
» CHAPTER ONE INTRODUCTION Background to the Study The level of development of a country is often considered to be an offshoot of the nature of her educ...Continue Reading »Item Type & Format: Project Material - Ms Word | 69 pages | Instant Download | Chapter 1-5 | BUSINESS EDUCATION DEPARTMENT
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10. SELECTED LABOUR MANAGEMENT VARIABLES AND JOB PERFORMANCE OF BUSINESS EDUCATION TEACHERS IN ABIA STATE
» CHAPTER ONE INTRODUCTION 1.1 Background of the Study Labour management which is a subject area in the curriculum of industrial relations and areas of ...Continue Reading »Item Type & Format: Project Material - Ms Word | 76 pages | Instant Download | Chapter 1-5 | BUSINESS EDUCATION DEPARTMENT