Industrial development and growth in Nigeria: Lessons and challenges

Arbeitspapier

The structure of the Nigerian economy is typical of an underdeveloped country. The primary sector, in particular, the oil and gas sector, dominates the gross domestic product accounting for over 95 per cent of export earnings and about 85 per cent of government revenue between 2011 and 2012. The industrial sector accounts for 6 per cent of economic activity while the manufacturing sector contributed only 4 per cent to GDP in 2011. The economic transformation agenda, otherwise known as Nigeria Vision 20: 2020, sets the direction for the current industrial policy in Nigeria. The industrialization strategy aims at achieving greater global competitiveness in the production of processed and manufactured goods by linking industrial activity with primary sector activity, domestic and foreign trade, and service activity.

Angaben zum Objekt

• Sprache: Englisch
• ISBN: 978-92-9230-740-0

Verweise und Beziehungen

• Erschienen in: Series: WIDER Working Paper ; No. 2014/019

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Industrial Organization and Macroeconomics: Industrial Structure and Structural Change; Industrial Price Indices ; Industry Studies: Manufacturing: General ; Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
• Thema: growth ; industrial policy ; manufacturing ; productivity

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Chete, L. N. ; Adeoti, J. O. ; Adeyinka, F. M. ; Ogundele, O.
• Ereignis: Veröffentlichung
• (wer): The United Nations University World Institute for Development Economics Research (UNU-WIDER)
• (wo): Helsinki
• (wann): 2014

Weitere Informationen

• DOI: doi:10.35188/UNU-WIDER/2014/740-0
• Handle: http://hdl.handle.net/10419/96311
• Letzte Aktualisierung: 10.03.2025, 11:41 MEZ