Authors : O.A. Usman and A.O. Salami
Abstract: This study is in respect of the Nigerian economy and covers a period of fifteen years, 1990-2005, also, the activities of the Nigerian export-import bank is evaluated to highlight its contribution to export growth performance in Nigeria. Data for the study was sourced from various issues of the federal office of statistics publication, Central Bank of Nigeria (CBN) publications, International Financial Statistics (IFS) by International Monetary Fund, Annual reports and statement of accounts of the Nigerian export-import bank (NEXIM). The study takes into cognizance the simple econometric analysis model, using the ordinary least square (OLS) method of estimation. This is because the model analysis is relevant when studying complicated economies such as Nigeria because of her structural and institutional rigidities. Available data suggest that non-oil exports performances during these periods remained less than satisfactory, as evidenced with high sensitivity of prevailing levels of exporters� transparency or lack of it. Since, there are valid reasons to believe that some export transactions might have been omitted as exporters sought to gain from a relatively speculative environment with large arbitrage opportunities, a verdict of unsatisfactory non-oil export performance in particular and total export in Nigerian ever since and inspite of introduction of various policies, should be regarded with some circumspection.
O.A. Usman and A.O. Salami , 2008. The Contribution of Nigerian Export-Import (NEXIM) Bank Towards Export (Non-Oil) Growth in Nigeria (1990-2005). International Business Management, 2: 85-90.