 The Non-Oil Sector and the Nigeria Economy a Case Study of Cocoa Export Since 1960Adebile O. A and Amusan A. S International Journal of Asian Social Science, 2011, vol. 1, issue 5, 142-151 Abstract: This study examines the contribution of Non-Oil export to the Nigeria economy and in particular the contribution of cocoa export as a viable facilitator to the transformation of the socio-economic activity of Nigeria for a meaningful development. It emphasizes the immense opportunities and benefits that exist in Non-Oil exports and the fact that Nigerian‟s dependence on the oil export as a major contributor to the country‟s GDP (gross domestic product) poses a threat to the continued sustenance of the GDP. The study also investigates the trend of cocoa beans export over some regime changes and found that inconsistent policies and inadequate attention given to the agricultural sector is not in the best interest of the country. It observes that investment in cocoa production is likely to boost the GDP and will also offer employment opportunities to the citizenry. It concludes that Nigerian‟s involvement in the non-oil export is the most viable alternative to oil as a realistic economic focus and potential sustainer of Nigeria economic development. Keywords: Non-oil; Cocoa; Employment; Alternative; Sustainer; Development (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:asi:ijoass:v:1:y:2011:i:5:p:142-151:id:2147 Access Statistics for this article More articles in International Journal of Asian Social Science from Asian Economic and Social Society |
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