ProjectClue.com WhatsApp or Call Us

projectclue whatsapp icon07030248044

Project Topic:

A CRITICAL APPRAISAL OF THE STRATEGIES OF EXPORTATION OF MADE IN NIGERIA GOODS (A CASE STUDY OF NIGERIAN EXPORT PROMOTION COUNCIL)

Project Information:

 Format: MS WORD ::   Chapters: 1 - 5  ::   Pages: 48 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   4,756 people found this useful

Project Department:

BUSINESS ADMINISTRATION UNDERGRADUATE PROJECT TOPICS, RESEARCH WORKS AND MATERIALS

Project Body:

ABSTRACT

A critical appraisal of the strategies of exportation of made in Nigerian goods is a topic chosen from marketing field.

The research was conducted mainly to examine the strategies adopted by NEPC in exportation of goods made in Nigeria.  For effective research on this topic, both primary and secondary data were used to elicit information from sample studied, the primary source of data were response from the personal interview, while secondary source from periodical, journals and newspapers.

          Three hundred and fifty person were interviewed as the sample of exporters with NEPC.

          The data analysis was based on oral interview and the major findings are as follows:

Ø    The commandment of the strategies adopted by Nigeria export promotion council.

Ø    The positive responses given by respondent in the quest of the research.

Ø    The strengthening  and upgrading the status of NEPC.

Ø    The reduction of institutional bottleneck in export.

Ø    The establishment of export processing zone.

Ø    The abolition of export taxes and provision of export incentives.

Ø    Lastly, the problems and prospect of Nigerian export promotion council (NEPC).

The project has four chapters; chapter one contains introduction, background of the study, statement of problem, and objectives of the study.

Chapter two has literature review, here some related literatures were reviewed with sub topic as export development activities, export financing and incentives, Encouraging Local export production, finding export market, human resource training and development activities and importance of export in Economic growth and development .

Chapter three deal with research methodology, data analysis and presentation were some questions was attended to.

Finally, chapter four deals with the findings summary, conclusion, recommendation and references.

 

 

CHAPTER ONE

INTRODUCTION

BACKGROUND OF THE STUDY

The Nigerian Export Promotion Council (NEPC) was established through Nigeria export promotion Decree NO 26 of 1976, and was formally inaugurated in March, 1977.  This Decree was amended by Decree No 72 of 1979 which introduce some slight changes in the membership of the governing council and formal provision made for the establishment of the secretariat of the council.  Nigerian export promotion Act CAP 306 and Decree No 41 of 1988 amended which resulted in the redefining of its functional responsibilities, thus strengthening it in properly spearheading and sustaining a dynamic export development programme and implementing the various incentives contained in the Export (incentive and miscellaneous provision) Decree No. 18 of 1986.

Before the discovery of oil, the main stay of Nigeria economy was agriculture such as palm oil, cocoa, cotton, groundnut, rubber, palm kernel etc.  which enjoyed encouragement and support in policy implementation accounting for about 80% of Nigerian Total revenue.

In 1965, non-oil export accounted for as much as 76% of Nigerian foreign exchange earning, in 1970 it was 43%, but in 1976, the share of non-oil export falls to 6% and by mid eighties, the sector remain structural imbalance in the economy and thereby had to import some of these products.

However, the discovery of crude-oil since mid seventies increased total export earning from 58% to 98% which is the peak of “oil boom” as crude oil is sold at 40 dollar per barrel and which the worldwide oil glut, price of crude oil drops slightly to 90%.  It is against this background that Nigeria need to re-appraise her strategies in the exportation of non-oil exports.

Export promotion management was adopted early sixties by international trade centres UNCTAD/GAT as strategies for effective enhancement and development of international marketing of export products in developing economic in world trade.

Export promotion is designed also to assist in boosting debt servicing, purchase of basic input and responsible for promoting non-oil export in Nigeria.  It is against these backdrop that the council was established.

Although, it has some success but suffice to say that it is saddled with problems as yet to record excellent compared to its set objectives.

STATEMENT OF PROBLEM

Is there bottleneck in NEPC strategies in export business?

Is the lack of adequate export incentive a log in wheel of export business?

How NEPC programmes faces militating danger?

How the economy faces degradement?

OBJECTIVES OF THE STUDY

          This study objectively aimed at the following:

1.                 To ascertain NEPC strategies of promoting Nigerian products abroad.

2.                 To ascertain low percentage in foreign earning from non-oil products.

3.                 To ascertain problems dancing NEPC in achieving its goals and objectives.

4.                 To proper solutions towards revamping the economy by improved export promotion business.

 PURPOSE OF THE STUDY

          The purpose of the study is to find NEPC strategies towards the promotion of Nigeria products abroad.

          The harnessing of Nigerian non-oil export by providing export incentive and making it the mainstream of our total exchange earning.

          However, the dwindling percentage earning from non-oil product, the worldwide oil glut and the collapse of international oil prices with necessity to diversify this mono-cultural economy.

          Therefore, NEPC should re-appraise to areas of failure with a view to revamping it and making it live up to expectation and success.

SIGNIFICANE OF THE STUDY

          The importance if properly managed would lead to economic progress that is a means of facilitating employment and enhancing the standard of living of its citizenry; considering this fact, the federal government have tremendously given attention to non-oil export(s).

          Also, it will be of immense benefits to the organized private sector and public sector to be involved in export business.  It will help many small-scale exporters to succeed in export business as apart from surmounting the problems in exportation, be acquainted with ever-changing government policies, financing provisions and having business acumen.

          There is a lot of opportunities in export business but ignorance scare many small scale exporters away but flow immensely contend this risks.

SCOPE OF THE STUDY

          This critically evaluates trade strategy which encourages production for international marketing, and in which there is an embedded bias.

          It considers NEPC techniques in the light of increasing the need for Nigeria to diversity her external source of revenue and also take cognizance of the fact that the council operate within the limited sectorial allocation of fund to the council.

          Initially, the study was to cover NEPC activities Nationwide, but constraint includes:

1.                 Time

2.                 Finance

The study comprises South East Zone of NEPC such as:

a.                 Enugu

b.                 Port-Harcourt

c.                  Calabar

 

METHOD OF STUDY/LIMITATION OF THE STUDY

          During the time of this research work, the researcher employed some techniques which are helpful – to him in getting information.

          The necessary information about the exportation of made in Nigerian goods was through oral interview and desk research.

          The respondent number during the oral interview was high because exportation of goods such as petroleum product is a main stay that have revamp the economy.

          The information received from desk research in Enugu was helpful to the researcher for analyzing the important role played by exportation of goods, mainly agricultural product in the early seventies and mid eighties before petroleum took over in the development of our economy.

          This two procedures carried out help the researcher collect enough data which enable him solve the problem at hand.

Get the complete project »


Instant Share On Social Media:


Can't find what you are looking for?
Call (+234) 07030248044.

OTHER SIMILAR BUSINESS ADMINISTRATION PROJECTS AND MATERIALS

A COMPARATIVE STUDY OF NEWSPAPER COVERAGE OF RURAL/URBAN PROBLEMS IN IMO STATE A CONTENT ANALYSIS OF DAILY CHAMPION, THE SUN AND VANGUARD NEWSPAPERS

 Format: MS WORD ::   Chapters: 1 - 5 ::   Pages: 60 ::   Attributes: Questionnaire, Data Analysis  ::   2721 engagements

CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY From a global perspective, third-word countries which are mostly found in the continent of Africa have been conspicuously backward in terms of devel...Continue reading »

A CORPORATIVE ANALYSIS OF RISK MANAGEMENT AND CREDIT ADMINISTRATION IN BANKS (A CASE STUDY OF GUARANTEE TRUST BANK, ACCESS BANK AND FIRST BANK)

 Format: MS WORD ::   Chapters: 1 - 5 ::   Pages: 90 ::   Attributes: Questionnaire, Data Analysis, Abstract  ::   3393 engagements

ABSTRACT The study was aimed at analysingrisk management and credit administrations in banks, case study of Guarantee Trust Bank, Access Bank and First Bank, Maitama, Abuja. The survey research was u...Continue reading »

A CRITICAL APPRAISAL OF CURRENT ASSETS MANAGEMENT IN PUBLIC LIMITED LIABILITY COMPANIES (A CASE STUDY OF NIGERIAN BREWERIES)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 70 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   8187 engagements

CHAPTER ONE INTRODUCTION Background of the study The advent of asset management is a prerequisite to organizational profitability and growth. The management of asset in public limited liability comp...Continue reading »

A CRITICAL APPRAISAL OF THE APPLICATION OF INFORMATION TECHNOLOGY IN NIGERIAN INDUSTRIES(A CASE STUDY OF NIGERIAN BREWERIES)

 Format: MS WORD ::   Chapters: 1 - 5 ::   Pages: 80 ::   Attributes: Questionnaire, Data Analysis, Abstract  ::   3598 engagements

CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY In today’s world, the use of adoption of information technology (ICT) in Nigerian industries could be helpful in the task of capacity building...Continue reading »

A CRITICAL STUDY ON THE EFFECTS OF JOB STRESS ON THE PERFORMANCE OF BANKERS IN NIGERIA (A CASE STUDY OF UNION BANK, CALABAR)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 80 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   16267 engagements

ABSTRACT The study investigated and evaluated job stress and its effects on job performance among members of staff at Union Bank. The study sought to find out how work-related stress could affect the...Continue reading »

A REVIEW OF MOTIVATION AS A MANAGEMENT TOOL FOR INCREASING THE PRODUCTIVITY OF EMPLOYEES

 Format: MS WORD ::   Chapters: 1 - 5 ::   Pages: 63 ::   Attributes: Questionnaire, Data Analysis

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY. In every organization, large or small, private or public enterprise, human resources (employees) are always the pillar to the success of the orga...Continue reading »

What are looking for today?

WHAT OUR CUSTOMERS ARE SAYING:
  • 1. Abubakar Sani from Nigerian Investment Promotion Commission said "I had a wonderful experience using ProjectClue, they delivered not only on time, but the content had good quality. I recommend ProjectClue for any project research work.".
    Rating: Excellent
  • 2. Ogunniran Olawale from Ekiti state university said "Projectclue is really safe and reliable Quick access to project works Nice customer service Fast delivery of request Recommend this toy fellow students ".
    Rating: Excellent
  • 3. Fahat Nasir from isa kaita college of education dutsinma said "Fish farming a solution unemployment ".
    Rating: Very Good
  • 4. Ajimbi Oluwarotimi from Theology school osun said "Good ".
    Rating: Very Good
  • 5. Clement Abdullahi Ogiji from National Open University of Nigeria said "I am a living witness and have recommended project clue to a lot of students, so far none have been disappointed, very reliable and, trustworthy and dependable".
    Rating: Excellent
  • 6. Jhuee from Sultan national high school said "Good quality. I recommend project clue for any project research work.".
    Rating: Excellent