An evaluation of economic reforms’ role in enhancing export competitiveness in Nigeria: A case study of the Nigerian Export Promotion Council
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Background of the Study :
Economic reforms in Nigeria have aimed to improve the country’s competitiveness in international markets, particularly through initiatives led by the Nigerian Export Promotion Council (NEPC) between 2000 and 2020. These reforms include trade liberalization, improved export incentives, and enhanced quality control measures designed to boost the export performance of Nigerian products (Ibrahim, 2023). The NEPC has played a central role in implementing policies that foster innovation, enhance production standards, and open up new export markets. Empirical research shows that such reforms can lead to increased export volumes and higher foreign exchange earnings (Adeniyi, 2024). However, challenges remain, including inadequate infrastructure, bureaucratic delays, and fluctuating global market conditions. This study evaluates the effectiveness of economic reforms in enhancing export competitiveness by analyzing export performance data, policy implementation records, and stakeholder feedback. The research aims to identify the key factors that drive export success and propose recommendations for further reforms to strengthen Nigeria’s export sector (Chinwe, 2025).
Statement of the Problem
Despite substantial economic reforms and NEPC initiatives, Nigeria’s export competitiveness remains below expectations. Persistent issues such as infrastructural deficits, bureaucratic inefficiencies, and inconsistent policy enforcement continue to hinder export performance (Ibrahim, 2023). The disconnect between reform policies and export outcomes suggests that critical determinants of export competitiveness are not fully addressed. This study seeks to examine the factors limiting the success of economic reforms in boosting export performance and to provide recommendations for enhancing the effectiveness of NEPC strategies, thereby strengthening Nigeria’s position in global markets.
Objectives of the Study:
1. To evaluate the impact of economic reforms on export competitiveness.
2. To identify barriers to effective export promotion.
3. To propose policy recommendations for enhancing export performance.
Research Questions:
1. How have economic reforms influenced export competitiveness?
2. What factors limit the effectiveness of NEPC initiatives?
3. What measures can improve Nigeria’s export performance?
Research Hypotheses:
1. Economic reforms positively impact export competitiveness.
2. Infrastructural and bureaucratic challenges reduce reform effectiveness.
3. Policy improvements significantly enhance export outcomes.
Significance of the Study (100 words):
This study is significant as it assesses the role of economic reforms in enhancing Nigeria’s export competitiveness through NEPC initiatives. The findings will assist policymakers in addressing key challenges, optimizing export strategies, and strengthening Nigeria’s position in international markets. The research contributes to a more robust export sector and sustainable economic growth (Ibrahim, 2023).
Scope and Limitations of the Study:
This study focuses on economic reforms and export performance in Nigeria as implemented by the NEPC from 2000 to 2020. It does not address non-export sectors or broader macroeconomic policies.
Definitions of Terms:
1. Economic Reforms: Policy changes aimed at improving economic efficiency and competitiveness.
2. Export Competitiveness: The ability of a country’s exports to compete in global markets.
3. Nigerian Export Promotion Council (NEPC): The agency responsible for boosting Nigeria’s export performance.
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