Effects of Import Restrictions on the Nigerian Economy
Student: Rita Dada Adegboye (Project, 2025)
Department of Banking and Finance
Auchi Polytechnic, Auchi, Edo State
Abstract
This study investigates the effects of import restrictions on the Nigerian economy. It specifically analyzes the impact of import restrictions, interest rates, and inflation rates on economic growth from 2013 to 2022. Using multivariate analysis and ordinary least squares regression via E-Views software, the findings reveal that all three variables significantly affect Nigeria’s economic performance. The study recommends offering low interest rates to manufacturers of banned products, encouraging investment in sectors like textiles, and promoting competitiveness and employment expansion.
Keywords
For the full publication, please contact the author directly at: taylorsebastian441@gmail.com
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Institutions
- HASSAN USMAN KATSINA POLYTECHNIC (NCE), KATSINA, KATSINA STATE 4
- Hassan Usman Katsina Polytechnic, Katsina, Katsina State 5
- Heritage Polytechnic, Ikot Udota, Akwa Ibom State 46
- Hussaini Adamu Federal Polytechnic, Kazaure, Jigawa State 8
- Ibrahim Badamasi Babangida University, Lapai, Niger State 24
- Igbinedion University, Okada, Benin City, Edo State 2
- Ignatius Ajuru University of Education, Port Harcourt, Rivers State 8
- Imo State Polytechnic, Umuagwo, Owerri, Imo State 3
- Imo State University, Owerri, Imo State 45
- Institute of Management and Technology, Enugu, Enugu State 11