International records / OpenAlex research

Manufacturing Capacity Utilization and Economic Growth in Nigeria

Despite various policy initiatives and interventions, Nigeria’s manufacturing sector has remained subpar, with capacity utilization rate averaging around 50% over the years. In view of this, this study examined the effect of manufacturing capacity utilization on economic growth in Nigeria. However, the study specifically sought to examine the effect of average manufacturing capacity utilization (CU) on economic growth in Nigeria and to determine the causal relationship between average manufacturing capacity and economic growth in Nigeria. The study adopted an ex-post facto research design with…