IMPACT OF MANUFACTURED PRODUCTS EXPORT ON NIGERIA’S ECONOMIC GROWTH


MURTALA, Aminu Ibrahim
Department of Business Administrations
Bayero University Kano
ADAMU, Ibrahim
Department of Business Administrations
Bayero University Kano
MUHAMMAD, Aliyu Tanko
Department of Economics
Al-Qalam University Katsina, Katsina State
atee04@yahoo.com

ABSTRACT
This study examined impact of manufactured products export on economic growth in Nigeria from
1990 to 2022. A model from endogenous growth theories known as AK growth model is put to empirical
test. The study adopted an ex post facto research design and the Auto Regressive Distributed Lag bounds
testing approach. The result of the bounds test to cointegration indicates a long-run equilibrium
relationship between manufactured products export and Nigeria’s economic growth. The result of the
long-run estimation revealed that manufactured products export exert positive significant influence on
economic growth in Nigeria. In short-run, the results reveals that manufactured products export also
had positive significant influence on economic growth in Nigeria. Therefore, the study recommends
that policy actions should point to the direction of trade liberalization and increase in productivity; that
that adequate policies and institutional framework should be put in place by the Nigerian government
to control inflation and saving rates in the economy so as to stimulate vigorous performance of the
indigenous manufacturing industries sand also patronage of made in Nigeria goods.

Keywords: Economic growth, inflation rate, manufactured products export, saving rate

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