Full Length Research Paper
Abstract
The paper sets out to examine the impact of trade policy on Nigeria non-oil exports. It specifically seeks to ascertain the effect of trade policies on non-oil exports in Nigeria as well as the performance of the non-oil export sector over the period 1970 to 2010. Nigeria’s data set from the CBN statistical bulletin volume 18, (2009) and the American reserve bank during the period 1970 to 2010 were used. It employed both correlation analysis and least squares techniques to test the effect of trade policies on non-oil exports in Nigeria. The findings show that there is a negative relationship between trade policies and the non-oil sector in Nigeria. Based on the findings, it was recommended that the nation should diversify rather than concentrating on the oil sector.
Key words: Trade policy, non-oil exports, import substitution.
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