Post Independence Nigeria and Industrialisation Strategies: Four and Half Erratic Decades

Amakom, Uzochukwu

doi:10.2139/ssrn.1266633

Cited by 6 publications

(4 citation statements)

References 4 publications

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“…Nigeria experienced a civil war from 1967 until January 1970. Notwithstanding the ongoing war, the 1960s might still be characterised as the pinnacle of the Nigerian endeavour to industrialise (Amakom 2008). It was noted that factors such as the oil boom syndrome and the strength of the Nigerian Naira in relation to other currencies had an adverse impact on agricultural production and marketing (Osuji et al 2023).…”

Section: Evolution Of Trade Policies In Nigeriamentioning

confidence: 99%

“…Similarly, the reconstruction tax on imports was lowered, and looser controls were placed on exchange rates and profit repatriation. During the oil boom era, a national development plan was initiated from 1970 to 1974, which was targeted at improving economic growth by rebuilding the civil war–era property, restructuring the nation’s productive capacity and establishing a fair system for sharing development’s benefits (Amakom 2008; Analogbei 2000; Shuaibu 2020; Ugwu 2009). The priority area of the 1962–1968 plans was also incorporated into and improved upon in this development plan.…”

Section: Evolution Of Trade Policies In Nigeriamentioning

confidence: 99%

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Assessing the Impact of Trade Policies on Growth and Development of the Manufacturing and Agricultural Sectors in Nigeria

Ibeh

2024

Insight on Africa

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This article examines the impact of trade policies in Nigeria (1960–2022) on the manufacturing and agricultural sectors. To set the context, I have grouped the trade policy periods into two categories: (a) the pre–structural adjustment programme (SAP) era (1960–1985) and (b) the post-SAP era (1986–2022). I have then examined economic data and all the existing literature to understand the pattern of manufacturing and agricultural outputs during these policy periods. Pre-SAP and post-SAP trade policies show a shift from protectionism to liberalisation, moderately improving agricultural and industrial sectors but still facing obstacles. Despite policies and agreements to improve trade, economic development remains unrealised. This study demonstrated that trade policies have led to erratic progress in both the agricultural and manufacturing sectors, consequently making a lesser contribution to the overall Nigerian development. Within this debate, three different schools of thought can be distinguished. The first school of thought holds that trade policy reforms benefit the growth of Nigerian manufacturing and agricultural sectors. The second school of thought contends that trade policy reforms (such as trade liberalisation) have a detrimental effect on industrial and agricultural sectors. The third school of thought argues that there is no proof or substantial linkage between trade policy reforms and the productivity and growth of manufacturing and agricultural sectors. Nevertheless, to benefit from trade liberalisation, this article identifies the need to revise the Nigerian trade policy as well as stabilise foreign exchange rates to advance and boost local manufacturing and agricultural sectors and promote active participation in trade agreements and policies.

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Section: Evolution Of Trade Policies In Nigeriamentioning

confidence: 99%

Section: Evolution Of Trade Policies In Nigeriamentioning

confidence: 99%

Assessing the Impact of Trade Policies on Growth and Development of the Manufacturing and Agricultural Sectors in Nigeria

Ibeh

2024

Insight on Africa

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“…In order to industrialize, different countries utilize different approaches or techniques, cardinal among which are: export promotion, import substitution, agricultural mechanization, industrial area development, technology transfer etc. (Bassey and Ottong, 2015;Amakom, 2008;Ubi, 2018). Export Promotion Industrialisation (EPI) is also termed Export Led Industrialisation (ELI).…”

Section: Technique Of Industrialisationmentioning

confidence: 99%

Industrial Sociology, Industrial Relations and Human Resource Management

2022

NJSA

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Housework, where in his view, the marginalisation of women continues unabated, even with the detraditionalization of domestic labour. Gender discrimination in the workplace: The Nigerian experience was the intervention made in Chapter Twelve by the duo of Deborah Obor and Rita Okoebor, where they decried the continued discrimination of the female gender despite the availability of regulatory instruments. They x-rayed the different dimensions of workplace gender discrimination, the rationale for its continued occurrence, and suggested remedies. Related to Chapter Twelve, but now with a focus on sexual harassment in the workplace, Adefolake Ademuson, in Chapter Thirteen looks at the types of workplace sexual harassment and the conditions that sustain it. Section 2: Industrial RelationsIfeanyi Onyeonoru, Chinaegbokpa Nwakanma, and Beatrice Imue in Chapter Fourteen, set the tone for a comprehensive unpacking of the central problems in labour relations by their brilliant and incisive analysis of the challenges involved in managing industrial conflicts in Nigeria: the union -government dimension. Utilising the benefits of the open system perspective, the paper presents not only a historical overview of Industrial Relations under different epochs beginning with the voluntarist era, through guided interventions and to the post 2005 period, but also a sociological view of the causes of strike in Nigeria. In Chapter Fifteen, Eucharia Nwagbara took the reader to the importance and processes of negotiation, negotiation skills and the different strategies for dispute resolution and other workplace behaviour. It is the contention of Nwagbara that given the inevitability of conflict, negotiation, dispute resolution and workplace behaviour are the tripod around which the business of industrial relations revolves. Peter Kalejaiye and Isaiah Adisa gave a detailed historic account of the development of trade unions and the different central labour organisations, the teething problems faced by these unions in the face of complex socio-economic and political factors in Chapter Sixteen. They also argued that for unions to be more effective in prosecuting industrial actions, the two central labour organisations currently, Nigerian Labour Congress and Trade Union Congress should at all times identify actively with the industrial unions in different sectors.In Chapter Seventeen, M. A. O. Aluko brought his deep knowledge and wealth of experience to discuss contextually collective bargaining in the public sector in Nigeria. Issues like government penchant for side-lining the processes and outcome of collective bargaining, defiance of several legislations and statutes, lack of political will are some of the challenges militating against collective bargaining in Nigeria.Njideka Ebisi and Ekebosi Nzubechukwu, in Chapter Eighteen, focused on industrial unrests in the private sector, with special interest in the oil and gas sector, being the mainstay of the economy given its strategic importance to national development. They highlighted the con...

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“…The high degree of transformation taking place in the manufacturing sector was very remarkable. From 50% in 1958, the value-added generation from the processing of agricultural products fell to less than 25% in 1967, while industrial factory production accounted for the rest (Anakom, 2008).…”

Section: Literature Reviewmentioning

confidence: 99%

Trend analysis of the performance of Nigeria’s Manufacturing Sector, 1960-2010

Umofia¹

2018

AFRREV IJAH: Int J. Art and Humanities

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This paper examined the performance of the Nigerian manufacturing sector for fifty years (1960-2010) using such performance indices as manufacturing sector real GDP, percentage contribution to the Gross Domestic Product, index of manufacturing production, and percentage average manufacturing capacity utilization within this period. The major finding was that despite many policies and developmental initiatives undertaken by successive civilian and military administrations since independence, the Nigerian manufacturing sector has grossly underperformed in relation to its potential due to several daunting challenges facing the sector. The data analysis revealed the unimpressive state of the manufacturing sector over the years, its low percentage contribution to GDP, as well as the effect of the fluctuating average manufacturing capacity utilization on the growth rate and productivity of the sector. The study recommended that the key to reversing the poor performance of Nigerian manufacturing is an increase in adequate capacity utilization to boost local manufacturing and export.

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Post Independence Nigeria and Industrialisation Strategies: Four and Half Erratic Decades

Cited by 6 publications

References 4 publications

Assessing the Impact of Trade Policies on Growth and Development of the Manufacturing and Agricultural Sectors in Nigeria

Assessing the Impact of Trade Policies on Growth and Development of the Manufacturing and Agricultural Sectors in Nigeria

Industrial Sociology, Industrial Relations and Human Resource Management

Trend analysis of the performance of Nigeria’s Manufacturing Sector, 1960-2010

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