The effect of structural adjustment on the Nigerian agricultural export sector

Abstract

The paper investigates the effects of the trade and foreign exchange management policies of the structural adjustment programme (SAP) on the Nigerian agricultural export sector. Protection rates and the incidence parameter are used to evaluate the policy outcomes over the 1970–92 period. Our analysis indicates that the protection of import-competing sectors has not been eliminated and that it results in the taxation of all exportables, with the largest proportion of such taxes borne by agricultural exportables. The inability of the SAP policy instruments to achieve their objectives was partly because of failure to maintain consistent policies and partly due to a weak approach to implementation of some policies. © 1998 John Wiley & Sons, Ltd.

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