Industrial Realities in Nigeria: From Bad to Worse

Manuel Albaladejo ()

QEH Working Papers from Queen Elizabeth House, University of Oxford

Abstract: This paper assesses the industrial performance and capabilities of Nigeria over the last decade. It explores Nigeria's export and production capacity, growth, structure and technological upgrading and compares it to other Sub-Saharan countries. Evidence shows that Nigerian industry is inexorably falling behind and becoming increasingly marginalized in the international and regional industrial scene. Total manufacturing value added and manufactured exports have significantly declined and there has been a technological downgrading of Nigeria's traditional manufacturing sectors. Moreover, increased dependency on oil extraction puts a serious threat to Nigeria's industrial competitive future. Severe flaws in the education system, technological stagnation of domestic companies, lack of foreign investment in manufacturing, negligible technology transfer and weak ICT infrastructure constitute significant factors for failure. Further analysis should however include other factors not explored in this exercise, including macro-economic and fiscal policies, governance and the regulatory and business environment.

New Economics Papers: this item is included in nep-afr
View list of references

Downloads: (external link)
http://www3.qeh.ox.ac.uk/RePEc/qeh/qehwps/qehwps101.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:qeh:qehwps:qehwps101

Access Statistics for this paper

More papers in QEH Working Papers from Queen Elizabeth House, University of Oxford
Address: Queen Elizabeth House 3 Mansfield Road, Oxford, OX1 3TB United Kingdom
Contact information at EDIRC.
Series data maintained by Rachel Crawford ().