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Industrial Development Policies and Strategies

In: Perspectives on Industrial Development in Nigeria

Author

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  • Oyeyemi Adegbite

    (Enterprise Consultancy Services)

Abstract

Since the attainment of political independence in 1960, the Federal Government of Nigeria has initiated policies and strategies designed to achieve the goal of rapid industrial development in particular and sustainable socio-economic progress in general. This is in sharp contrast to the policy of the colonial government in the pre-independence era which saw Nigeria essentially as a supplier of raw materials to feed factories in Europe and a market for manufactured goods. Indeed Nigeria’s Development Secretary stated in 1946 that the colonial government did not envisage Nigeria becoming a country of factories belching forth smoke and producing a mass of manufactured goods.

Suggested Citation

  • Oyeyemi Adegbite, 2021. "Industrial Development Policies and Strategies," Advances in African Economic, Social and Political Development, in: Perspectives on Industrial Development in Nigeria, chapter 0, pages 51-77, Springer.
    • Handle: RePEc:spr:aaechp:978-3-030-84375-5_3
    DOI: 10.1007/978-3-030-84375-5_3
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