IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-05150226.html
   My bibliography  Save this paper

Industrial Policies and Industrial Sector Performance in Nigeria

Author

Listed:
  • Ubong Edem Effiong

    (Department of Economics, University of Uyo, P.M.B. 1017, Uyo, Akwa Ibom State, Nigeria.)

Abstract

This paper looked at the various industrial policies that have been put in place in Nigeria in her quest for industrialization. The various policies ranges from export promotion, import substitution, and foreign direct investment industrialization policies. These policies have been diverse given the development plans that were put in place. For instance, the study looked at the various strategies that were put in place from the first development plan to the fourth development plan; along with the current Bank of Industry. The performance of the industrial sector has been reviewed right from 1981 to 2020, and we observed that there have been massive fluctuations in the performance of the industrial sector in the 2000s as compared to the 1980s and 1990s. For instance, industrial value added as a percentage of GDP stood at 39.245% and 37.71% for 1981 and 1992 respectively as compared to 27.383% and 28.221% for 2019 and 2020 respectively. The paper concludes that more synergies in industrial policies is required to drive up industrial performance in Nigeria.

Suggested Citation

  • Ubong Edem Effiong, 2022. "Industrial Policies and Industrial Sector Performance in Nigeria," Post-Print hal-05150226, HAL.
    • Handle: RePEc:hal:journl:hal-05150226
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-05150226. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.