f. A.I. Monye-Emina

This study investigates the role of industrialization in driving economic growth in Nigeria, focusing on key trends, relationships, and policy implications. The research is guided by four
main objectives: to examine the trend in industrial production, assess the trend in economic growth, estimate the relationship between industrialization and economic growth, and provide appropriate policy recommendations. Through the analysis of historical data and the application of econometric techniques, the study uncovers the fluctuating nature of industrial output and its limited but positive impact on Nigeria’s overall economic performance. Despite efforts to promote industrial development, challenges such as infrastructural deficits, policy inconsistencies, and weak institutional support have hindered the sector’s potential to significantly boost economic growth. The findings suggest that a strategic and sustained industrialization agenda—complemented by targeted investments, policy coherence, and enhanced public-private collaboration—is essential to unlocking Nigeria’s economic potential and achieving long-term growth.