The Impact Of Non-export On The The Economic Growth Of Nigeria

CHAPTER ONEINTRODUCTIONThe growth of Nigeria’s non-oil exports has been sluggish and non-encouraging in the post-independence period. It averaged about 2.3% during 1960 to 1990 but in relative terms, declined systematically as proportion of total exports fell from about 40% in 1970 to about 5% in 2010, World Bank, 2011. A well-developed export sector will provide employment opportunity for the people with the attendant reduction in social cost of unemployment. Earning from export will reduce the strain on the balance of payment position and even improve it. A rewarding export drive can turn a …