EXPORTATION OF MADE IN NIGERIA GOODS AS A TOOL FOR THE DEVELOPMENT OF THE NIGERIA ECONOMY
CHAPTER ONE
1.1 BACKGROUND OF THE STUDY
The issue of exportation of good in Nigeria dates back to the beginning of this country.
Its 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 because an economy element but mainly agricultural materials which were semi-finished. After independence, expectation because the main stay of the Nigeria economy. If stood the only sources of foreign, exchange to a very great extent that if because a development stimuli of the economy exportation is the act of making available goods produce in one nation to another nations. It is an international trade variable. It is an international trade variable. It is difficult to write a detailed descriptions of export, its 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.
1.2 STATEMENT OF PROBLEMS
Nigeria has been marketed as one of the industries state in Africa exporting some of her goods. If has also been showed that agriculture, products, constituted export in the early stage. From the 1970’s, Nigeria has been know to be endowed abundant natural resources industrial institution has taken the economy sphere of Nigeria. Despite this great achievement in the years that most made in Nigeria goods are not exported. This project tends to emphasize the importance of exported of made “in Nigeria” goods as a tool for the development of the Nigeria economy.
To find out what constitutes Nigeria export and its economic effect.
To find out what reasons account for the non exportation of Nigeria goods that is to say can the goods be exported and how, there are problems a researcher is faced with and for which this study will by to solve.
1.3 PURPOSE OF THE STUDY
motivation and interest for this study is stimulated goods dwindling exports and continued under development of the Nigeria economy.
Specifically, the purpose of this study are:
1. To ascertain how “made in Nigeria” good can be exported.
2. To ascertain what should constitute export in Nigeria
3. To know what caused the non-exportation of goods in Nigeria.
4. To know the effect of export on the economy.
- To ascertain the factory leading to effective exportation
1.4 RESEARCH QUESTION
The study is faced with the following question.
1. What constitutes export in Nigeria?
2. Can their goods be exported?
3. How can they be exported?
4. Can Nigeria export all her goods?
5. Which do you think is not liable to be exported?
6. Should Nigeria satisfy all her citizen before exporting ? why
7. Do you referee Nigeria exporting only one for her goods to two or more?
8. Is export regulated, How?
9. Who is responsible for export regulation of goods in Nigeria.
10. what are the factors that retain export of goods in Nigeria.
11. why the need for Nigeria to export?
1.5 SIGNIFICANCE OF THE STUDY
This study when completed will emphasize the importance of exportation to exporters, manufacture and government.
They will be familiar to the economic effect of exportation of goods produced or manufactured by them. They will come to know how, they can go into production of goods suitable for export. Finally the importance of export will be exposed to every individual as a result of its impact on the general economy.
1.6 DEFININTION
The study could have be extended to other area of study such as level of demand by consuming nations, their economy, word market prices of commodities and such other areas as international relations, economic, section.
But for the purpose of effective study, the researcher have decided to concern trade effect on the economy.
1.7 LIMITATION
The following are some of the problems that hindered the researcher study.
1. Financial constraints: The researcher could not effect the money to carry out more research work on the subject.
2. Lack of time: Enough time was not given to the researcher to effectively collect enough data for the work
3. Inadequate of secondary data: The secondary data available are not enough. This hindered the researcher ability to gather enough information to effectively carryout the work
1.8 DEFINITION OF TERMS
Export : These are goods produce in a country which are not domestically consumed
Goods: These are the out come of production
Development: This is a change brought to a place as a result of growth in economic activities.
Economy: The general activities that take place in a give area.
Foreign exchange: This refers to the currencies of consuming nations.
Raw materials: The material used in the production of goods.
Infancy: The early stage of development of a particular thing or place.
RERERENCES
Anyaele J.U (1995) comprehensive Economic for sss Lagos A Johnson Publishers LTD
Batra R.N (1973) studies in pure theory of international trade London, Macmillan Press LTD
