THE IMPORTANCE OF SHIPPING TO THE ECONOMIC DEVELOPMENT OF NIGERIA
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
The study investigates the impact of Ocean shipment trade on Nigeria’s economic development, covering the period, 1976-2006. Ocean shipment trade in thousands of tones served as the independent variable in all the three hypothesis defined while, the gross domestic product Nigerian value of external reserve served as the dependent variable.
The three hypotheses were actually tested for the following conclusions to be reached:
1) Shipment export trade has actually exerted a positive effect on the economy as a whole.
2) Shipment Export Trade exerts a significant positive effect on the level external reserve in Nigeria.
3) Akin to the two revelations above, the Shipmen Export Trade exerts a significant effect on the level of Nigeria’s external debt payment, especially for the period under investigation, 1976-2006.
The findings of this study therefore, bring to the limelight the need for the following recommendations:
With the perceived weak institutional setting, there is therefore the need to improve the institutional setting in order to boost external trade contribution to the economic as a whole. Even though Shipment Export has been found to contribute positively to the economy generally, whether in terms of contribution to gross domestic product, external reserve or external debt payment, one is tempted to say that more contributions would have been recorded with strong institutional setting.
Similarly, the poor transparency and corruption that appear to be endemic in our country call for concerted effort to make for an improved performance.
Related Project Materials
PRODUCTION AND PERFORMANCE EVALUATION OF BIODEGRADABLE GREASE (BIOGREASE) FROM Balanites aegyptiaca (DESERT DATE) SEED OIL
ABSTRACT
This work focused on the production and testing of biodegradable grease from Balanites aegyptiaca seed kernel oil. This was carr...
THE IMPACT OF COST MANAGEMENT IN THE CONSTRUCTION SECTOR
Abstract: THE IMPACT OF COST MANAGEMENT IN THE CONSTRUCTION SECTOR
This research explores the impact of cost management on the constructi...
FEDERALISM AND REVENUE ALLOCATION IN NIGERIA: A CRITICAL EVALUATION OF THE DERIVATION PRINCIPLE
ABSTRACT
The Nigerian federation has been enmeshed in contradictions, paradoxes, controversies and crises. These are sub...
THE IMPACT OF NIGERIA PIDGIN ON THE WRITTEN ON ENGLISH OF SENIOR SECONDARY SCHOOL STUDENTS
Abstract
This study is on the impact of Nigeria pidgin on the written on English of senior secondary school students. Th...
PHYTOCHEMICAL AND ANTIMICROBIAL STUDIES ON THE STEM-BARK OF COMMIPHORA MOLLIS (Oliv. ) Engl. (BURSERACAEA)
ABSTRACT
Commiphora mollis is traditionally used in the treatment of fever (malaria and typhoid) wound healing, cancer, ulcer and rheumat...
AN ASSESSMENT ON THE APAPA PORT ACCESS FOR ROAD USERS
Background To The Study
It is important to draw attention to Creek Road's importance in Apapa. The...
THE EFFECTS OF POVERTY ON THE ACADEMIC PERFORMANCE OF STUDENTS IN GUSHEGU MIDWIFERY COLLEGE
ABSTRACT
This study was carried out to examine the effects of poverty on the academic performance of the students in Gus...
THE IMPACT OF COVID-19 ON VOCATIONAL EDUCATION DELIVERY AND OUTCOMES
ABSTRACT: This study investigates the impact of COVID-19 on vocational education delivery a...
EDUCATIONAL DEVELOPMENT IN BORNO STATE (A STUDY OF MAIDUGURI METROPOLITAN COUNCIL)
BACKGROUND OF THE STUDY
Education is one of the tools used to achieve a society’s goal towards de...
KNOWLEDGE ON THE STANDARD PRECAUTION ON TUBERCULOSIS AMONG PRIMARY HEALTH CARE WORKERS OF BOSSO LGA OF NIGER STATE
ABSTRACT
This study investigates the role of public health workers in tuberculosis management and preve...
