📄 Research Article
CLDRJ Vol. 14, No. 2 (2026)
TRADE PERFORMANCE AND ECONOMIC GROWTH IN NIGERIA
Izuchukwu Ogbodo 1 & Friday John Ogbodo 2 & Chibuike Basil Nwatu 3
1 Department of Banking and Finance, Enugu State University of Science and Technology, Enugu
2 Department of Marketing, Enugu State University of Science and Technology, Enugu
3 Department of Marketing, Chukwuemeka Odumegwu Ojukwu University, Igbariam campus
2 Department of Marketing, Enugu State University of Science and Technology, Enugu
3 Department of Marketing, Chukwuemeka Odumegwu Ojukwu University, Igbariam campus
Clinical Laboratory and Dentistry Research Journal,
Vol. 14, No. 2 (2026),
pp. 1-12 |
DOI: https://doi.org/10.5281/zenodo.20085771
Open Access
Peer Reviewed
Research Article
Abstract
The main objective of the study was to evaluate the effect of international trade on the economic growth in Nigeria (1986-2024). The specific objectives are to; ascertain the effect of balance of payments on the gross domestic product of Nigeria and determine the effect of imports on the gross domestic product of Nigeria. Ex-post facto design was adopted for this study. Ordinary Lease Square (OLS) was used in testing the two hypotheses formulated. Decisions were based on a 5% level of significance. Results showed that balance of payment has negative but no significant effect on Nigeria’s Gross domestic product of Nigeria and import trade has negative but no significant effect on Nigeria’s Gross domestic product of Nigeria. Based on findings, it was recommended that manufacturing industries should improve on their production so that their output would be competitive in the global market. Excise duties should be lowered so as to encourage local industries so as to draw foreign investors to Nigeria. It is necessary that conscious efforts should be made by government to fine-tune the various macroeconomic variables in order to provide an enabling environment to stimulate foreign trade by engaging in more in production so as to reduce importation.
Keywords:
["International Trade","Economic Growth","Gross Domestic Product (GDP)","Balance of Payments","Import Trade"]
📑 How to Cite This Article
APA 7th Edition:
Izuchukwu Ogbodo, Friday John Ogbodo, Chibuike Basil Nwatu (2026). TRADE PERFORMANCE AND ECONOMIC GROWTH IN NIGERIA. Clinical Laboratory and Dentistry Research Journal, 14(2), 1-12. https://doi.org/https://doi.org/10.5281/zenodo.20085771
Izuchukwu Ogbodo, Friday John Ogbodo, Chibuike Basil Nwatu (2026). TRADE PERFORMANCE AND ECONOMIC GROWTH IN NIGERIA. Clinical Laboratory and Dentistry Research Journal, 14(2), 1-12. https://doi.org/https://doi.org/10.5281/zenodo.20085771
Vancouver Style:
Izuchukwu Ogbodo, Friday John Ogbodo, Chibuike Basil Nwatu. TRADE PERFORMANCE AND ECONOMIC GROWTH IN NIGERIA. Clin. Lab. Dent. Res. J.. 2026;14(2):1-12. DOI: https://doi.org/10.5281/zenodo.20085771
Izuchukwu Ogbodo, Friday John Ogbodo, Chibuike Basil Nwatu. TRADE PERFORMANCE AND ECONOMIC GROWTH IN NIGERIA. Clin. Lab. Dent. Res. J.. 2026;14(2):1-12. DOI: https://doi.org/10.5281/zenodo.20085771
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