Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/96311
Authors: 
Chete, L. N.
Adeoti, J. O.
Adeyinka, F. M.
Ogundele, O.
Year of Publication: 
2014
Series/Report no.: 
WIDER Working Paper 2014/019
Abstract: 
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.
Subjects: 
growth
industrial policy
manufacturing
productivity
JEL: 
D92
L16
L60
O47
Document Type: 
Working Paper

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