A Panel Analysis of Crude Oil Exports and Poverty Reduction in African Oil Producing Countries: Implication for the Sustainable Development Goal One

The objective of this research is to determine the impact oil exports on poverty reduction in African exporting countries. study spanned over 30 years, from 1991 2020, and relied secondary data extracted ten (10) highest oil-producing countries Africa. human development index (HDI) was used as a proxy for reduction. Panel ARDL technique analyse data. According findings study, using revenues exportation total annual barrels produced had beneficial capital thus reduced selected oil-exporting revenue exports, other hand, statistically insignificant, although not. As result these findings, finds that long run, positive countries, not significant extent. This implies does provide empirical evidence support existence resource curse hypothesis. In view above recommends policymakers should utilize proceeds oriented programmes have trickle down effects