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Bullion

Keywords

Agriculture, Backward integration, Foreign exchange conservation, External reserve

Abstract

Agricultural import substitution can play an important role in foreign exchange conservation in Nigeria since a significant proportion of local industries process agricultural raw materials, which are usually in short supply. This study examines some of the benefits associated with agricultural produce in boosting economic growth and enhancing external reserves.

Publication Title

CBN Bullion 1991

Issue

1

Volume

15

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