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The Impact Of Globalization On The Industrial Growth Of Nigeria (1980 - 2010)
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1.2 STATEMENT OF THE PROBLEM
One could say that the crises in
Nigeria’s tertiary institution arising from corruption, mismanagement as
well as the devastating effect of the defunct structural adjustment.
The present socio-economic and political condition of Nigeria on ground
suggests that we will have a long way to go in the global competition of
the 21st century. Also the Nigeria economy is made weaker by
mono-cultural dependence and unfavorable terms of trade in its export
trade as well as excruciating debt burdens. This problem can really make
Nigeria not to benefit from the ongoing globalization process. The
challenge is for Nigeria to use their enormous resources to build a
strong, consistent self sustaining economy which will be competitive in
the world market.
It is therefore, questionable whether Nigeria has been able to reap the benefit of globalization due to these weaknesses.
1.3 RESEARCH QUESTIONS
1) To what extent will globalization affect our economy and relation to other countries?
1.4 OBJECTIVE OF THE STUDY
1) To determine the impact of globalization on industrial growth
1.5 HYPOTHESIS OF THE STUDY
1) Globalization has no impact on the industrial growth of Nigeria
1.6 SCOPE OF THE STUDY
The
study covers the growth of the Nigerian industrial sector and it has
been attested by globalization from the period of 1980-2010
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ABSRACT - [ Total Page(s): 1 ]This study is meant to investigate the impact of globalization on the Industrial Growth of Nigeria covering the range of 31years (1980-2010). It is obvious that Nigeria as a country still depends on the importation of productive inputs despite all efforts to develop her local resources. Thus, the objective of this study is to determine the impact of globalization on the industrial growth of Nigeria. The study reveals that for Nigeria to benefit from globalization her productive capacity, economi ... Continue reading---
