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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Crisis in the Nigerian manufacturing sector: 1960-1995
Author:Olusoji, M.O.
Periodical:The Nigerian Journal of Economic History
Geographic term:Nigeria
industrial policy
Abstract:Examination of the series of crises that affected the manufacturing sector in Nigeria between 1960 and 1995 suggests that these led to the introduction of a number of policy actions, including austerity measures, the declaration of a 15-month national economic emergency in October 1985, and the adoption of the structural adjustment programme (SAP) in 1986. A new industrial policy was introduced in 1989. However, rather than improve the performance of the sector, there was a fall in output and capacity utilization as a result of a shortage of local and imported inputs, low technology and inconsistent policies. Bibliogr., ref. [ASC Leiden abstract]