Perspectives on Industrial Development in Nigeria: Issues, Challenges and Hard Choices

This book critically examines Nigeria's attempts to achieve rapid industrial development since independence in 1960, highlighting the issues, challenges, and hard choices faced by Nigerian political leadership. It explores government policies and programs, tariff and trade policies, incentives and disincentives to foreign direct investment, and small and medium enterprise development. The book concludes with a look at regional integration and the potential impact of the Economic Partnership Agreement (EPA) between the European Union and West Africa.

Format: Paperback / softback
Length: 336 pages
Publication date: 21 December 2022
Publisher: Springer Nature Switzerland AG

This comprehensive book critically examines Nigeria's efforts to achieve rapid industrial development since gaining independence from Britain in 1960. It delves into the various issues, challenges, and difficult decisions faced by Nigerian political leadership, shedding light on the factors that ultimately hindered the country's industrial take-off despite its abundant human and material resources. The book is organized into chapters that explore government industrial development policies and programs, including the steel industry, agro-allied and forest-based industries, and the industrial estate development program. It also discusses tariff and trade policies, incentives and disincentives to foreign direct investment (FDI) in the manufacturing sector, and small and medium enterprise (SME) development.

In conclusion, this book provides a detailed and insightful history of Nigeria's economic and industrial development, making it an invaluable resource for researchers, students, policy makers, and anyone interested in understanding the complexities of African economic growth and development.

Weight: 557g
Dimension: 235 x 155 (mm)
ISBN-13: 9783030843779
Edition number: 1st ed. 2021