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EXPORTATION OF “MADE IN NIGERIA” GOODS AS A TOOL FOR THE DEVELOPMENT OF THE NIGERIA ECONOMY

A CASE STUDY OF THE NIGER EXPORT PROMOTION COUNCIL, WARRI DELTA STATE.

 

ABSTRACT

An investigation into Exportation of “Made in Nigeria” goods as a tool for the development of the Nigeria Economy is a interesting topic.

The population for this study consists of all the workers of the Nigeria Export Promotion of the Nigeria Council, Warri Delta State. Information was gathered using questionnaires form thirty-one employees of which only twenty to them were returned.

The finding showed that exportation of “Made in Nigeria” have much role to play in the development of the Nigeria Economy. It also shows that is order to achieve this purpose, incentives should be provide for producers of exportable goods, stiff prohibitive measures restricting export of goods to meet international market standard.

Exportation of “Made in Nigeria” goods enhances the standard of living of Nigerians. The so much needed forcing exchange on export.

Also, a number of factors restrict the exportation of goods in Nigeria.

They include prohibitive tariff, lack of export market etc.

The Nigeria export is dominated by a particular product serving as a major foreign exchange and revenue earner.

The federal government has many roles to play in strengthening the export sector of the Nigeria economy.

 

 

TABLE OF CONTENT

          CHAPTER ONE

1.0     INTRODUCTION                                                         1

1. BACKGROUND OF THE STUDY                              1
2. STATEMENT OF THE STUDY                                   2
3. PURPOSE OF THE STUDY                                         3
4. RESEARCH QUESTION                                              4
5. SIGNIFICANCE OF THE STUDY                               4
6. DELIMITATIONS                                                         5
7. LIMITATIONS                                                              5
8. DEFINITION OF TERM USED                                    6

 

CHAPTER TWO

1. REVIEW OF RELATED LITERATURE                      9
2. EXPORT AND EXPORTATION                                  10
3. CONSTITUENT OF EXPORT                                               12
4. CAUSES OF NON-EXPORTATION OF MADE IN NIGERIA GOODS                                                                     14
5. FACTORS LEADING TO EFFECTIVE EXPORTATION 19
6. BERRIES TO EFFECTIVE EXPORTATION              22
7. EXPORT AND THE NIGERIA ECONOMY                25
8. EXPORT AND STANDARD FO LIVING OF NIGERIA 27

 

CHAPTER THREE

3.0     RESEARCH METHODOLOGY                                   30

1. SCOPE OF THE STUDY                                              30
2. POPULATION SIZE                                                     31
3. SOURCES OF DATA                                                   31
4. TREATMENT OF DATA                                             32
5. SAMPLE SIZE DETERMINATION                             32
6. RESEARCH INSTRUMENT USED                                      33

 

 

 

 

CHAPTER ONE

 

1.0     INTRODUCTION

1. BACKGROUND OF THE STUDY

The issue of exportation of goods in Nigeria dates back to the beginning of this century. It importance cannot be over emphasized because it contributed immensely to the development of the Nigeria economy.

After the amalgamation of the two protectorates that formed Nigeria in 1914, exportation of goods become an economic element but mainly agricultural materials which were semi-finished.

After independence, exportation became the main stay of the Nigerian economy. It stood as the only sources of foreign exchange for the government. Today, it has been developed to a very great extent that it become a development stimuli of the economy.

Exportation is the act of making available, goods produced in one nation to other nations. It’s an international trade variable. It is difficult to write a details description of export, it importance and implications because writers have not been interested in this field.

The exportation of made in Nigeria goods is in its infancy. This study tends to emphasize the importance of exportation of made in Nigeria goods in order to ensure a fast growing economy.

What constitutes export, the benefit of export etc will be take into consideration.

 

1. STATEMENT OF PROBLEMS

Nigeria has been marked as one of the industrialized state in African exporting some of her goods. It has also been showed that agricultural products constituted export in the early stage.

From the 1970’s, Nigeria has been known to be endowed with abundant natural resources. Industrial institution has taken the economic sphere of Nigeria.

Despite this great achievement in the Nigeria economy, its has been observed over the years that most made in Nigeria goods as tool for the development of the Nigeria economy. To find out what constitutes Nigeria export and its economic effect.

To find out which reason account for the non-exportation of Nigeria goods. Can the goods be exported and how? These are the problems the researcher is faced with and for which this study will be to solve.

 

1. PURPOSE OF THE STUDY

Motivation and the interest for his study is stimulated from the non-exportation Nigeria goods dwindling exports and continued underdevelopment of the Nigeria’s economy.

Specifically the purpose of study are:-

1. To ascertain how made in Nigeria goods can be exported
2. To ascertain what should constitute export in Nigeria
3. To know what caused the n on-exportation of goods in Nigeria
4. To know the effect of export on the economy
5. To ascertain the factors leading to effective exportation.