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Sunday, October 11, 2020 | History

2 edition of Sources of industrial growth in Nigeria found in the catalog.

Sources of industrial growth in Nigeria

Gabriel O. Falokun

Sources of industrial growth in Nigeria

a factor decomposition approach

by Gabriel O. Falokun

  • 244 Want to read
  • 1 Currently reading

Published by Nigerian Institute of Social and Economic Research in Ibadan .
Written in English

    Places:
  • Nigeria,
  • Nigeria.
    • Subjects:
    • Industries -- Nigeria.,
    • Nigeria -- Economic conditions -- 1970-,
    • Nigeria -- Economic policy.

    • Edition Notes

      Includes bibliographical references (p. [32]-34)

      StatementFalokun, Gabriel Olakunle.
      SeriesNISER monograph series ;, no. 2, 1998, N.I.S.E.R. monograph series ;, 1998, no. 2.
      Classifications
      LC ClassificationsHC1055 .F34 1998
      The Physical Object
      Pagination34 p. ;
      Number of Pages34
      ID Numbers
      Open LibraryOL6807452M
      ISBN 109781810769
      LC Control Number00271656

      pathway to sustainable economic growth. Thus, this research investigated the effect industrial development on the Nigeria’s economic growth - PC Give version statistical package was used to analyze the secondary data that was collected from National statistical bulletin. GDP was used as the dependent variable.   In recent years, all her efforts to grow the economy, Nigeria’s rate of economic growth has remained very volatile and sluggish. This study therefore examines the major economic growth determinants as well as the direction of causality that exists between economic growth and some selected economic growth indicators in Nigeria, employing the Johansen Co-integration and Granger .

      The economy of South Korea is a highly developed mixed economy dominated by family-owned conglomerates called is the 4th largest GDP in Asia and the 12th largest in the world. South Korea is known for its spectacular rise from one of the poorest countries in the world to a developed, high-income country in just a few generations. This economic growth has been described as the.   Abstract. The structure of the Nigerian economy is typical of an underdeveloped country. The primary sector, in particular, the oil and gas sector, dominates the gross domestic product accounting.

      The economy of Nigeria is a middle-income, mixed economy and emerging market, with expanding manufacturing, financial, service, communications, technology and entertainment sectors. [citation needed] It is ranked as the 27th-largest economy in the world in terms of nominal GDP, and the 24th-largest in terms of purchasing power a has the largest economy in Africa; its re-emergent. Nigeria’s economic performance in the past three decades was generally poor. Over the period , annual GDP growth had averaged per cent per annum which implied contraction in per Capita GDP with an increasing population growth rate of , which resulted in deterioration of living standards for most citizens.


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Sources of industrial growth in Nigeria by Gabriel O. Falokun Download PDF EPUB FB2

2 Industrial development experience in Nigeria The growth in industrial activities discussed in this section is in three phases. These are the pre-colonial era; early post-colonial era; and events since the mids. Pre-colonial era The pre-colonial era, that is, the pre economy of Nigeria featured.

The structure of the Nigerian economy is typical of an underdeveloped country. The primary sector, in particular, the oil and gas sector, dominates the gross domestic product accounting for over 95 per cent of export earnings and about 85 per cent of government revenue between and The industrial sector accounts for 6 per cent of economic activity while the manufacturing sector.

Nigeria - Nigeria - Economy: The Nigerian economy is one of the largest in Africa. Since the late s it has been based primarily on the petroleum industry. A series of world oil price increases from produced rapid economic growth in transportation, construction, manufacturing, and government services.

Because this led to a great influx of rural people into the larger urban centres. ABSTRACTThis research work is on the “Impact of Industrial Output on the Economy Sources of industrial growth in Nigeria book Nigeria” between the period of thirty years (30) covered from Impact of industrial output on the economy of Nigeria is a continuous discussion to every economy especially developing economics which will give rise to economic growth and development of a nation.

Secondary data was used on PC Give. Sources of industrial growth and industrial Policies in Impact Of Industrial Output On The Economy Of Nigeria () Nigeria Characteristics of Nigeria industries Manufacturing in Nigeria The era of manufacturing in Nigeria Structure and performance of Nigerian Manufacturing Sector.

Nigeria, as a country, remained one of the major industrial countries in West Africa. Studies however have had their focused on manufacturing activities across the nation, and most of which, are largely focusing on few aspects of manufacturing particularly, within.

Impact of industrial output on the economy of Nigeria is a continuous discussion to every economy especially developing economics which will give rise to economic growth and development of a nation. Secondary data was used on PC Give version package to regress the model with GDP as the dependent variable, and industrial output, savings.

This is the most important Industry in Nigeria today that generates 80% of the country’s revenue. Since crude oil was founded in at Oloibiri, the oil and gas sector has been the main source of the country’s wealth. This dependence on oil has caused the economy of. Nigeria has transited from different industrial phases and development stages without meaningful contribution to growth and development in Nigeria.

The ABSTRACT The study was anchored on the general notion that sustainable industrial growth is very vital to economic growth and development. The study examines the problems of book publishing industry in Nigeria as books are effective medium of communication for intellectualism.

Issues like poor financing, government regulation, poor reading culture, piracy and dearth of expertise were interrogated. The study is descriptive and data sourced from secondary sources. identified the sources of economic growth in Nigeria using the growth accounting model and found that agriculture contributes more than expected to GDP growth.

According to the paper, this indicates a lag in the nation‟s industrialization process. They also find that the share of.

Determinants Of Capacity Utilization In The Nigeria Manufacturing Industry ABSTRACT This research work explores the determinants of capacity utilization in the Nigerian manufacturing sector within the periods of to The data used for this study were obtained through various sources like.

10 Kornhouser,A and Durbin,R () Industrial Conflict, NY: McGraw-Hill 11 Ehigie, B.O () “The Role of Information and Aspiration Bargaining Power Behaviour, The Nigerian Journal of Economic and Management Studies, Vol.3 No.1&2, Pp 12 Fashoyin, T () Industrial Relations in Nigeria, 2 nd Edition, Ikeja: Longman Ltd.

Industrial Production in Nigeria increased percent in the fourth quarter of over the same quarter in the previous year. Industrial Production in Nigeria averaged percent from untilreaching an all time high of percent in the fourth quarter of and a record low of percent in the first quarter of The broad objective of this study is to examine the impact of industrial on economic growth in Nigeria between the periods of () and To appraise the origin and structure of Nigeria‟s manufacture sector, to analyse industrial output and to determine the effect it has on the economic growth and development of the country and to recommend possible solutions to the country‟s.

This research work is on the “Impact of Industrial output on Industrial growth of Nigeria” between the period of thirty years [30] covered from Impact of industrial output on economic growth of Nigeria is a continuous discussion to every economy especially developing economies which will give rise to economic growth and.

Thus, history recorded that the industrial sector performance in Nigeria’s economic growth is as old as the nation itself. It dates back to the amalgamation of the southern parts of the country in to for the geographical land mass called Nigeria.

By a representative of the colonial administration of Britain Lord, Fr. Fredrick Lugard. 1 Working Paper No. 8 Industrial development and growth in Nigeria: Lessons and challenges L. Chete, J. Adeoti, F. Adeyinka, and O.

Ogundele*. Nigeria now records a high rate of generators importation. Data on Genset Import/Export Trade obtained by Vanguard from the United Nation Statistic Division, showed that manufacturers of generators brought into the country different brands of generators worth $ million in / and this figure is projected to hit $ million by Inagriculture contributed around percent to Nigeria’s GDP, percent came from industry, and percent from the services sector.

In the s, Nigeria was on a par, in terms of aspirations to attain a very high level of economic growth and development, with its fellow-oil producing and exporting countries such as Malaysia and Indonesia, but has since failed to keep pace with them.

Nigeria’s.Nigeria is the first country in Africa and the eighth country in the world in terms of oil export. Nigeria's first oil was drilled in A large part of the oil reserves is concentrated in the Niger Delta.

In order to increase revenues, Nigeria has continued to increase oil production, but in. This leaves most companies with little capital to run their business thereby limiting their growth.

Also, the stiff requirements and interest on loan of most lending houses in Nigeria coupled with government negligence discourage industrialists from borrowing. Another problem obstacle to industrialization is the overdependence imported machinery.