This paper assesses the industrial performance and capabilities of Nigeria over the last decade. It explores Nigeria's export and production capacity, growth, structure and technological upgrading and compares it to other Sub-Saharan countries. Evidence shows that Nigerian industry is inexorably falling behind and becoming increasingly marginalized in the international and regional industrial scene. Total manufacturing value added and manufactured exports have significantly declined and there has been a technological downgrading of Nigeria's traditional manufacturing sectors. Moreover, increased dependency on oil extraction puts a serious threat to Nigeria's industrial competitive future. Severe flaws in the education system, technological stagnation of domestic companies, lack of foreign investment in manufacturing, negligible technology transfer and weak ICT infrastructure constitute significant factors for failure. Further analysis should however include other factors not explored in this exercise, including macro-economic and fiscal policies, governance and the regulatory and business environment.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
file. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Publisher Info
Paper provided by Queen Elizabeth House, University of Oxford in its series QEH Working Papers with number
qehwps101.
Length: Date of creation: Date of revision: Handle: RePEc:qeh:qehwps:qehwps101
Contact details of provider: Postal: Queen Elizabeth House 3 Mansfield Road, Oxford, OX1 3TB United Kingdom Phone: +44 (1865) 281800 Fax: +44 (1865) 281801 Email: Web page: http://www.qeh.ox.ac.uk/ More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (Rachel Crawford).
Related research
Keywords:
This paper has been announced in the following NEP Reports:
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.: