boyede6

Foreign Direct Investment, Non-Oil Exports, and Economic Growth in Nigeria: A Causality Analysis

The study examines the applicability of the export-led growth (ELG) hypothesis using empirical evidence from Nigeria. The bulk of FDI inflow into the country goes to the oil sector of the economy. But FDI from the perspective of efficiency-seeking indicates that foreign capital always aims at taking advantage of cost-efficient production condition. There is the […]

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boyede7

Nigeria to Increase Non-Oil Exports

Nigeria is targeting a quantum increase of its non oil exports to the Economic Community of West African States (ECOWAS) to N116.5bn by 2015, the Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, has said. Aganga spoke during the 7th National Council on Industry, Trade and Investment, in Markurdi, on Thursday. This year’s event […]

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boyede8

Non-Oil Exports in the Economic Growth of Nigeria: A Study of Agricultural and Mineral Resources

Exports have been described as catalysts for overall development and increase the earnings of the country thereby creating an avenue for growth by raising the national income of the country. Since the importance of foreign income cannot be over-emphasized, this study therefore examines the performance of non – oil exports over the years as well […]

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oilcrash

GLOBAL OIL PRICE CRASH: ONE STRATEGY MORE, MADAM MINISTER GLOBAL OIL PRICE CRASH: ONE STRATEGY MORE, MADAM MINISTER

The piece below was written in the twilight days of the immediate past administration in Nigeria. These are definitely not the cheeriest of times for Nigeria’s economic visions, realities and fortunes. Within a spate of five weeks, the world market price of the mainstay of Nigeria’s economy, Crude Oil, has crashed from a four-year steady […]

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