The structural adjustment programme and Nigeria's export crop sub-sector.

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dc.contributor.authorOjo, M.O.
dc.date.accessioned2018-10-16T12:32:17Z
dc.date.available2018-10-16T12:32:17Z
dc.date.issued1989-12
dc.description.abstractThe purpose of the paper is to evaluate the impact of the Structural Adjustment Programme (SAP) on Nigeria's export crop sub-sector. The programme is designed to increase production in the sub-sector with the aims of boosting exports, providing much needed agricultural raw materials for local industries and generating more rural incomes and employment opportunities. The package of policy instruments is a combination of fiscal, monetary and external sector policies with institutional and price reforms in the agricultural sector. The main finding was that a moderate rate of increase was achieved in the output of the subsector. Similarly, export volumes increased slightly, but export values increased substantially due to the depreciation of naira exchange rate. The supply of agricultural raw materials to local industries also increased marginally. Increased level of activities in the subsector has also improved rural living conditions moderately. Generally, the full potential impact of the programme has not been realised. In particular, constraints in the marketing and input supply components have largely persisted. The paper concluded that the recent developments in the subsector as a result of the SAP emphasize the need for a more effective agricultural policy for minimizing the domestic and external constraints on the subsector's growth and development.en_US
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dc.description.provenanceMade available in DSpace on 2018-10-16T12:32:17Z (GMT). No. of bitstreams: 1 The structural adjustment prgramme and nigeria's export crop sub-sector.pdf: 592005 bytes, checksum: 1ae71097887be74b79e1e0bf8c51cfa1 (MD5) Previous issue date: 1989-12en
dc.description.sponsorshipCentral Bank of Nigeriaen_US
dc.identifier.citationOjo, M. O. (1989). The structural adjustment programme and Nigeria's export crop sub-sector. Economic and Financial Review, 27(4), 33-45.en_US
dc.identifier.issn1957 - 2968
dc.identifier.urihttp://repo.cbn.gov.ng/jspui/handle/123456789/359
dc.language.isoenen_US
dc.publisherCentral Bank of Nigeria, Research Department.en_US
dc.relation.ispartofseriesVol. 27;No. 4
dc.subjectExport crop subsector,en_US
dc.subjectStructural Adjustment Programme (SAP),en_US
dc.subjectExport volumes,en_US
dc.subjectExport values,en_US
dc.subjectNaira exchange rate,en_US
dc.subjectAgricultural sector,en_US
dc.subjectRural income,en_US
dc.subjectNigeria.en_US
dc.titleThe structural adjustment programme and Nigeria's export crop sub-sector.en_US
dc.typeArticleen_US

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