ASSESSING THE IMPACT OF INSTITUTIONAL QUALITY AND TRADE ON NIGERIA’S ECONOMIC PERFORMANCE

Authors

  • Joshua Yabanat Benjamin Department of Economics, Nnamdi Azikiwe University, Awka Nigeria
  • Oladipo Oluwaseun Abimbola Department of Economics, Nnamdi Azikiwe University, Awka Nigeria
  • Yashim Akan Darius Department of Economics, Kaduna State University, Kaduna
  • Shehu Ya’u Department of Economics & Development Studies, Federal University Dutse, Jigawa State
  • Dogara Micah Department of Economics, Kaduna State University, Kaduna

Keywords:

Institutional quality, trade, exchange rate, economic performance, Nigeria.

Abstract

The impact of institutional quality and trade on economic performance was examined by this 
study. The data were obtained from Central Bank of Nigeria Statistical Bulletin and World 
Bank database for the year 1999 to 2023. The multiple regression technique was employed to 
analyse the parameters of the model. From the results of the study, institutional quality, import 
and exchange rate were found to be positive and statistically significant at 5 percent, while 
export was negative but statistically significant. Based on the findings of this study, it is 
recommended that government should improve on institutions to ensure quality operations by 
fighting corruption, respect rule of law and be transparent in all economic and political 
dealings. This would help to improve economic performance in Nigeria.

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Published

2025-05-26

Issue

Vol. 22 No. 1 (2025): Journal of Economic Studies (JES) Department of Economics, Nnamdi Azikiwe University, Awka, Anambra State, Nigeria.

Section

Articles