Determinants of Informal Non- oil Exporting Behaviour in Selected Border Markets in Nigeria

Iweama, Vincent Okwudili, Nkamnebe, A.D, Ramoni, Adewale Suraju, Gorondutse, Abdullahi Hassan

Abstract


The study examined determinants of informal non-oil exporting behaviour in selected border markets in Nigeria. The population of the study was all informal non-oil exporters in the nation’s selected border markets while a sample size of 384 was determined using unknown population. Pearson correlation was used to test for discriminant validity with a highest correlation of .501, while factor analysis test of not less than .4 communalities show that no item of the variables need to be eliminated or removed. Two independent variables were used: satisfaction of basic needs and desire to own a business. The dependent variable was the informal non-oil exporting behavior. When the results of the independent variables were considered separately, the only difference to reach a statistical significance using the Bonferroni and Scheffe post-hoc tests is the satisfaction of basic needs, F(3, 25.4) = 3.31; sig. = .021; partial eta = .033. The two hypotheses formulated for the study were analysed using Kendall’s Coefficient of Concordance and they were all statistically significant. This means that the two variables: satisfaction of basic needs and desire to own a business promote involvement in informal non-oil exporting in Nigeria. Recommendations were made that government at all levels should engage in capacity building to educate informal non-oil exporters to graduate to formal economy by registering their businesses and taking advantage of government incentives and should address unemployment.

Keywords: Export, Informal Non-Oil Export; Border Markets

DOI: 10.7176/EJBM/12-17-13

Publication date:June 30th 2020


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