Thus in this research work, effort is made to assess the impact of industrialization on economic growth of Nigeria. ». This was confirmed by the F-test value (559.02). This involves running an open economy relying on a foreign market. THE ROLES OF ENGINEERS IN ECONOMIC DEVELOPMENT OF NIGERIA: BY ENGR. Before colonial rule in Nigeria, there were numerous economic activities undertaken by Nigerians. Industrialization is regarded as a central object of economic policy in most developing economies. Here the researcher was having lectures, preparing for examination, engaging in such activities and domestic works as well. The data used is a secondary data which was obtained from the publication of Central Bank of Nigeria. The study is therefore necessary to enable a thorough investigation of financial problems of the industrial sector especially that of the manufacturing industries and various government agencies setup to provide credit facilities to the industrial sector to ensure the continual growth of this sector for rapid economic development of this nation. Nigerians were among the most active and industrious group of people in Africa. The analytical tools employed on this research include t-test and regression analysis. Does industrialization have any impact on economic growth in Nigeria? When such funds are made available for industrialization and it is not properly utilized, it tends to create problems in the economy. Before colonial rule in Nigeria, there were numerous economic activities undertaken by Nigerians. This can be defined as the increase in the production and consumption of goods and services.It is also the increase in the output that the economy produces over a period of time. The role of industrialization in economic development is summed up as under. Role of Industrialization on Economic Growth: The Experience of Senegal (1960-2017) ... an important role remains a defining feature of economic development. This is refers to the sustained,concerted actions of policy makers and communities that promote the standard of living of the economy.economic development is also defined as the quantitative and qualitative changes in the economy such action like human capital,critical infrastructure and regional competitiveness and so on. This work intends to find out. The scope of the study covers the role of mass media in economic development in Nigeria with emphasis on ESBS. The objective is to find out whether the role of financial institutions is improving the growth and development of Nigeria economy, to know what the government doing to maintain or encourage the financial institutions in the development of the Nigeria Economy. The standard of living of the people in the economy will be improved and economic growth is gingered. Industrial development and economic growth are necessary in any developing country. The centrality of industrial advancement in pivoting economic growth and development remains core in developing countries such as Nigeria with large population and labour force. In the 60’s the Nigerian economy depended entirely on agriculture as the main source of foreign exchange earnings, and of employment for the teeming population. Presently in Nigeria, there are sources of finance specified to industrial sector made available by the government but in spite of them many industries have gone into collapsing while a good number are making effort to survive. The contents of the papers should be able to help you in generating new ideas and thoughts for your own project. Industrialization in Nigeria was aimed at the achievement of import substitution and even export promotion. The coming of the white men to Nigeria recorded more changes in life style of Nigerians. Huge amount of capital is needed for an industrial development because it is a capital project that needs both labour intensive and capital intensive in abundant. To identify the determinants of industrialization in Nigeria. FINANCE- financial inadequacy was the major limitation for this work. To identify the determinants of industrialization in Nigeria. Industrialization in Nigeria has the idea of transforming the peasant or idle workers of Nigeria into full time or part time industrial workers and on the other hand it will transform the structure of Nigerian economy. According to Holis, Bacheney (1999:624) said that industrialization is the main hope of most countries trying to increase their level of income. If industrial development is well encouraged it will be of great help to the developing economy and it will also go a long way in enhancing economic growth. It has been observed that most poorly industrialized countries of which Nigeria is one, has not realised their economic development goal even with the existence of manufacturing industries within the economy. The complete material will be sent to you in just 2 steps. Get Complete Project Material File(s) Now! Are you a final year student? The worst aspect of it was that they exploited these resources at a cheap price, but when their product was brought into Nigeria, the prices were placed so high to exploit the nation. AN ASSESSMENT OF THE IMPACT OF INDUSTRIALIZATION ON ECONOMIC GROWTH AND DEVELOPMENT IN NIGERIA (1981 – 2016) ABSTRACT. The study is guided with both null and alternative hypothesis which is denoted using Ho for null hypothesis and Hi for alternative hypothesis. This means that with the help of established industrial sector, poverty will reduce and eliminated because people will be employed and it will increase their standard of living and the economy to grow. The effect of industrial development on the economic growth of Nigeria has over the past decade been a recurring issue for analysis like every economy most especially developing economies. Not with standing that industrialization can lead to economic development, creation of employment pportunities, increases in productivity, increase in foreign exchange etc. To determine the contribution of industrialisation to Nigerian economic growth. To analyse the performance of industrialization and its effect to Nigerians in economic growth. Get project topics and ideas with materials, Project and Seminar Material for Economics. According to Ojo (1987:256) industrialization could be seen as the process by which the industrial sector of such a country or region increases its share in gross domestic product (GDP), employment, poverty alleviation efforts, investment and so on. Should be used as a guide or framework for your own paper get topics. 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