The impact of industrialization on economic growth of Nigeria

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ABSTRACT

The main objective of the study is on the assessment of the impact of industrialization on economic growth of Nigeria. The study however investigates the economic growth vis-à-vis industrial output, investment and inflation. Ordinary Least Square (OLS) is used to estimate the three major macroeconomic variables with a view to justifying their effects on electricity generation in Nigeria. The result of the findings further indicates that there is significant relationship between industrial sector and economic growth of Nigeria. The study therefore recommends among others that government should support other sectors of the economy such as transport and public utility which are crucial to industrial sectors by reducing their service cost.

TABLE OF CONTENTS

CHAPTER ONE: INTRODUCTION

1.1 Background to Study

1.2 Statement of Problems

1.3 Research Questions

1.4 Research Hypotheses

1.5 Objective of Study

1.6 Significance of the Study

1.7 Scope of the Study

1.8 Organization of the Study

CHAPTER TWO: LITERATURE REVIEW

2.1 Conceptual Framework

2.2 Concept of Industrialization

2.3 Stages of Nigerian Industrial Development

2.4 Strategies for Industrial Development in Nigeria

2.5 Industrial Development Policies in Nigeria

2.6 Industrial Policy Incentives in Nigeria

2.7 Problems of Industrialization in Nigeria of the Reform

CHAPTER THREE: RESEARCH METHODS

3.1 Introduction

3.2 Nature and source of data

3.3 Estimation Technique

3.4 Model Specification

3.5 Definition of Variable

CHAPTER FOUR: ANALYSIS OF RESULT

4.1 Introduction

4.2 Presentation of result

4.3 Trends in the Variable

4.4 Policy implication

CHAPTER FIVE: SUMMARY, CONCLUSIONS AND

RECOMMENDATIONS

5.1 Summary of Findings

5.2 Conclusions

5.3 Recommendations

REFERENCES

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The impact of industrialization on economic growth of Nigeria

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