Global Advanced Research Journal of Management and Business Studies (ISSN: 2315-5086) December 2016 Vol. 5(10), pp 347-353

Copyright © 2016 Global Advanced Research Journals   

Original Research Articles

The Performance of Rubber Exports in Nigeria

E.O. Abolagba, O.O. Abolagba, K.O. Omokhafe, E. Musa, S.C. Mesike ,S. Osazuwa and P. Ogwuche

Rubber Research Institute of Nigeria, PMB 1049, Benin City, Edo State, Nigeria.

*Corresponding author E-mail:ebenabolagba@gmail.com

Accepted 10 December 2016

Abstract 

The Paper examined the performance of rubber exports in Nigeria using graph, ordinary least square, Pearson correlation and Terms of trade with net exports. The result of the analysis showed that exchange rate, interest rate, import quantity and producer price are significant variables that can influence the performance of rubber export. It is recommended that the policy of input subsidy for rubber production should be put in place by the relevant authority to enable the rubber processors purchase rubber at reduced prices. This policy of input subsidy will help the producers to cut down on their cost of production and this will in turn bring down the farm gate price, lowering farm gate price may lead to higher profit margin of processors and exporters.

Keywords: Performance, rubber, export.