International records / OpenAlex research

Nigeria’s industrial development: issues and challenges in the new millennium

Perhaps one major problem facing Nigeria today that has received little or no attention remains her low industrial base.Indeed, apart from South Africa and Egypt, both of which are outside tropical Africa, the contribution of manufacturing to the economy of Nigeria, places Nigeria far behind the Newly Industrializing Countries (NICs) of the South East Asia.Manufacturing in Nigeria has largely been dominated by a valorization of raw materials and import-substitution type that are capital intensive rather than labour intensive.In addition, the absence of heavy industries and car manufacturing ha…