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Economic Complexities and Manufacturing Growth; The Nigeria Experience

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  • Obomeghie Adamu Muhammed

    (Auchi Polytechnic, Auchi, Department of Statistics, Edo state, Nigeria)

  • Obomeghie Adamu Inusa

    (Auchi Polytechnic, Auchi, Department of Polymer Engineering, Edo state, Nigeria.)

Abstract

The growth of the manufacturing sector of any country represents the level of the country’s drive for industrialization, economic growth and development. Nigeria’s drive for its manufacturing sector growth has been intense for several years with less than the desired achievements. This study therefore examines the impact of economic complexities on Nigeria’s manufacturing sector growth. The data for the study were collected from the Nigeria CBN statistical bulletin as well as, the World Bank’s world development indicator database. Data used ranged from 2010 to 2023. The Robust regressing analysis is used to analyze the data collected. The findings of the study clearly indicates that economic complexities had a positive impact on manufacturing growth within the period under discussion. Based on the findings, it is recommended that Nigeria policy makers in conjunction with industry experts should develop policies such as; offering incentives and support services for manufacturers to explore new export markets and diversify their export portfolios beyond traditional products. Equally, they should support the diffusion of industry 4.0 technologies through training programmes, pilot projects and investment incentives that will help to further diversify the Nigeria economy for a greater manufacturing growth.

Suggested Citation

  • Obomeghie Adamu Muhammed & Obomeghie Adamu Inusa, 2025. "Economic Complexities and Manufacturing Growth; The Nigeria Experience," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(6), pages 1759-1770, June.
    • Handle: RePEc:bcp:journl:v:9:y:2025:issue-6:p:1759-1770
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    References listed on IDEAS

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