Exchange Rate and Agricultural Export in Nigeria between 1986-2012

Abstract

This research work examined the effect of exchange rate on Agricultural export in Nigerian from 1986-2012. The study utilized a parametric research design. However, secondary data was used to collect information related to the subject. The data was gathered from the Central Bank of Nigeria Statistical Bulletin, 2013. More importantly, the study revealed that the impact of exchange rate on Agricultural export in Nigeria was examined using ordinary least square analysis. Preliminary analyses were performed to ensure no violation of the assumptions of normality, linearity and homoscedasticity. It was revealed that the FCALCULATED = 461.066, while the FTABULATED = 3.07. From the results obtained, FCALCULATED > FTABULATED, therefore, the null hypothesis which says that exchange rate has no significant effect on agricultural export in Nigeria should be rejected while failing to reject the alternate hypothesis.