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
- Isa Mustapha Agwai I Polytechnic, Lafia, Nasarawa State 2
- Jigawa State Polytechnic, Dutse, Jigawa State 4
- Joseph Sarwuan Tarka University, Makurdi, Benue State 18
- Kaduna Polytechnic (NCE), Kaduna, Kaduna State 2
- Kaduna Polytechnic, Kaduna 337
- Kaduna Polytechnic, Kaduna , Kaduna State (affl To Fed Univ of Tech, Minna) 6
- Kaduna State College of Education, Gidan-Waya (affliatted To Abu) 2
- Kaduna State University, Kaduna, Kaduna State 247
- Kano State Polytechnic, Kano, Kano State 197
- Kano University of Science and Technology, Wudil, Kano State 6