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

effects import restrictions nigerian economy

For the full publication, please contact the author directly at: taylorsebastian441@gmail.com

Filters

Institutions

University of Ilorin, Kwara State 402
University of Jos, Jos, Plateau State 19
University of Lagos 18
University of Maiduguri ( - Elearning), Maiduguri, Borno State 3
University of Maiduguri, Borno State 109
University of Nigeria, Nsukka, Enugu State 270
University of Port Harcourt Teaching Hospital, Port Harcourt , River State 6
University of Port-Harcourt, Rivers State 177
University of Uyo, Akwa Ibom State 209
Usmanu Danfodio University, Sokoto, Sokoto State 245