The growth of Nigeria’s non-oil exports has been suggsh and non encouraging n the post-independence period. It averaged about 2.3% during 1960 to 1990 but in relative terms, declned systematically as proportion of total exports fell from about 40% in 1970 to about 5% in 2010, World Bank, 2011.
Advertisement
A well developed export sector wll 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 t.
A rewarding export drive can turn a hitherto underdeveloped
