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The Effect of the Structural Adjustment Program on the Output,Prices and Exports of Major Agricultural Export Crops in Nigeria
Abstract:The primary objective of this paper is to examine changes in the level of output, prices and exports of major export crops resulting from the Structural Adjustment Program (SAP) in Nigeria. THere two main sources of data: the Central Bank of Nigeria (CBN) through its annual reports, Economic and Financial Review, and the Nigerian Federal Office of Statistics (FOS) through its Trade Summaries. Although the SAP led to appreciable increases in output and producer prices, its effects on exports were insignificant. The implications of these for the implementation of the program are explored.
Keywords:Agribusiness  agro-industry  diversification  export  financing  infrastructure  investment  orientation  revitalization  schemes
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