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
- Covenant Polytechnic, Aba, Abia State 1
- Covenant University, Canaan Land, Ota, Ogun State 4
- Crawford University of Apostolic Faith Mission Faith City, Igbesa, Ogun State 2
- Crescent University, Abeokuta, Ogun State 1
- Cross Rivers University of Technology, Calabar, Cross Rivers State 142
- Delta State Polytechnic, Ogwashi-Uku, Delta State 11
- Delta State Polytechnic, Otefe, Delta State 13
- Delta State University, Abraka, Delta State 139
- Ebonyi State University, Abakaliki, Ebonyi State 17
- Edo University, Iyamho, Edo State 10