Appraisal of Past and Present Policy Measures for Reviving Nigeria's Non-oil Sector and Policy Implications for the Future

Authors

• A. P. Awoseyila, Central Bank of Nigeria

Publisher

Central Bank of Nigeria

Keywords

Non-Oil Sector, Nigeria, Policy Implications, Policy Measures, Agricultural Policy Measures

Abstract

The objective of this paper is to review the major non-oil sector policy measures from I 960 to date, appraise them in the context of growth in output; and to put on record the implications for future policy direction. The rest of the paper is organized into three Sections. Section II reviews the major policy measures (past and present). The focus of the section is the articulation of policies and strategies adopted to diversify the productive base and stimulate growth of the non-oil sector. Section III appraises the effectiveness of the measures as well as their shortcomings, while Section IV which is the concluding part, draws implications for future policy direction.

Author Bio

Chief A. P. Awoseyila is a Deputy Director of Research in the Economic Policy Unit

Publication Title

CBN Economic and Financial Review

Issue

4

Volume

35

First Page

29

Last Page

45

DOI

10.33429/1957-2968.1957

Recommended Citation

Awoseyila, A. P. (1997). Appraisal of Past and Present Policy Measures for Reviving Nigeria's Non-oil Sector and Policy Implications for the Future. CBN Economic and Financial Review, 35(4) 29-45.