Impact of Industrial Development and Manufacturing on the Nigeria Economy.
Student: Eneji Ebegim Blessing (Project, 2025)
Department of Economics
Bayero University, Kano, Kano State
Abstract
This study investigates the impact of industrial development and manufacturing on Nigeria’s economic growth, focusing on their contributions to employment generation, income expansion, and industrial output. Using secondary data obtained from the Central Bank of Nigeria, the National Bureau of Statistics, and the World Bank, the study examines key indicators such as manufacturing value-added, industrial capacity utilization, and GDP growth rate over time. The findings reveal that industrial and manufacturing activities play a significant role in promoting economic diversification and reducing dependence on oil revenues. However, issues such as inadequate infrastructure, poor energy supply, and limited access to finance continue to hinder optimal performance. The study concludes that strengthening industrial policies, improving power supply, and fostering technological innovation are essential for enhancing the manufacturing sector’s contribution to Nigeria’s sustainable economic development.
Keywords
For the full publication, please contact the author directly at: blessingeneji05@gmail.com
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Institutions
- Covenant Polytechnic, Aba, Abia State 1
- Covenant University, Canaan Land, Ota, Ogun State 4
- Crawford University of Apostolic Faith Mission Faith City, Igbesa, Ogun State 2
- Crescent University, Abeokuta, Ogun State 1
- Cross Rivers University of Technology, Calabar, Cross Rivers State 145
- Delta State Polytechnic, Ogwashi-Uku, Delta State 14
- Delta State Polytechnic, Otefe, Delta State 13
- Delta State University, Abraka, Delta State 142
- Ebonyi State University, Abakaliki, Ebonyi State 18
- Edo University, Iyamho, Edo State 11