The inclusive and sustainable industrial development policy: which way for Nigeria?

Keywords: Development, Implementation, Industrialisation, Inclusive, Policy, Sustainability


The United Nations, as usual, demonstrated a commitment by the formulation of «Inclusive and Sustainable Industrial Development» (ISID) to alleviate poverty through job creation in response to the realisation of SDG–9. With a descriptive research design and the documentary analysis method, it is found through this research that in spite of the policy, Nigerian industrial development efforts are not impressive. It is realised that both developed nations and the Nigerian government lack sincerity in the implementation of the policy.

The purpose of the article is to canvass for a demonstration of a strong commitment by the UN and the Nigerian government, strengthening of science and technological institutions of learning for result-oriented Research & Development; and enactment of a law that will criminalise importation of goods that can be produced locally.

The scientific novelty. In this paper, the foundation for the study, the research problem, nature of Nigerian industrialisation, the commitment of Nigerian government and stimulation of the policy in the actualisation of industrialisation in Nigeria are discussed with the adoption and application of «Endogenous growth theory».

Conclusions. Conclusively, it is paramount to clearly state that the introduction of ISID is targeted at encouraging full participation, empowerment, and control over resources allocation in response to the SDGs which brought about the development of global policy and productivity enhancement for social advancement. Notwithstanding, therefore, it is found through this research that though there are various industrial development policies, and medium-term economic plans at both local and international levels, the portrait of Nigerian industrialisation is not impressive.

Thus, many countries in the world are diversifying their sources of income. Nigeria is therefore expected to re-invigorate its manufacturing sector like other developed economies of the world by engaging sustained improvements and proactive activities as the sine-qua-non for dismantling the vicious circle of poverty and the realisation of a self-reliant and dynamic economy. So, developed human resources through rigorous R&D are tantamount to industrial services that will be central to the efforts of Nigeria to develop her socio-economic status.


1. Adelman, I. (1999). Fallacies in development theory and their implications for policy / California Agricultural Experiment Station Giannini Foundation of Agricultural Economics Working paper, No. 887.
2. Adoji, V. A. (2018). Nigerian economy: From GDP to SPI. A paper presented at a 1-Day NESA Symposium University of Lagos. May 16.
3. Agba, A. M. O. & Odu, E. (2012). Globalisation and the challenge of industrialisation in developing nations: The Nigeria experience. IOSR Journal of Humanities and Social Science, 12(4), 41–47.
4. Aghion, P. & Howitt, P. (1992). A model of growth through creative destruction. Econometrica, 60 (2), 323–351.
5. Ajakaiye, O. (2003). Economic development in Nigeria: A review of experience. In A.G. Garba (ed), Development thought, policy advance and economic development in Africa in the 21stcentury: Lessons for the 21st century. Ibadan: University Press, pp. 281–306.
6. Ajayi, D. D. (2007). Recent Trends and Patterns in Nigeria’s Industrial Development. Africa Development of Social Science Research, XXXII (2), 139–155.
7. Ajayi, D. D. (2011). Nigeria’s industrial development: Issues and challenges in the new millennium. Journal of Sustainable Development, Planning, Transactions on Ecology and the Environment, 150, 711–723.
8. Aliyu, A. (1995). Industrialisation in Nigeria: An appraisal. Lagos: Dilli Ventures Limited.
9. Aluko, S. (2001). World Bank/IMF Policy Lays Waste to Africa. Executive Intelligence Review, 28 (10), 37–43.
10. Aribisala, O. A. (1993). Raw materials revolution and impact on industrialisation in Nigeria. Mednet Journals, 2(2), 30–42.
11. Ayema, K. A. (2016). Where Ghana without Industrialisation? Journal of Economic and Social Development, 7(2), 20–34.
12. Ayeni, B. (1981a). The spatial distribution of manufacturing industries in Nigeria. Technical Report No. 2, Department of Geography, University of Ibadan, Ibadan, Nigeria.
13. Ayeni, B. (1981b). Spatial dimension of manufacturing activities in Nigeria. Technical Report, Department of Geography, University of Ibadan.
14. Bangura, Y. (1991). Structural Adjustment and de-industrialisation in Nigeria: 1986–1988. Africa Development / AfriqueetDéveloppement, 16 (2), 5–32.
15. Bowen, G. A. (2009). Document analysis as a qualitative research method. Qualitative Research Journal, 9 (2), 27–40.
16. Bray, M., & Lykins, C. (2012). Shadow education: Private supplementary tutoring and its implications for policy makers in Asia. Asian Development Bank Working Paper, No. 9.
17. Burns, T. R. (2013). Sustainable development. URL: www.sociopedia.isa (Last accessed: 04.05.2018).
18. Chete, L. N., Adeoti, J. O., Adeyinka, F. M., & Ogundele, O. (2014). Industrial development and growth in Nigeria: Lessons and challenges. Ibadan: Nigerian Institute of Social and Economic Research (NISER). WIDER Working Paper, No. 019.
19. Chhair, S. & Ung, L. (2013). Economic history of industrialization in Cambodia. Cambodian Economic Association and Supreme National Economic Council Working Paper, No. 7.
20. Encyclopedia of Sociology. (2001). The Gale Group Inc. URL:"nd-maps/industrialization-less-developed-countries (Last accessed: 21.11.2017).
21. Eri, K. (2018). Curbing smuggling for economic growth in Nigeria. A paper presented at MMIA, Ikeja in A 2-Day Workshop organised by the Nigeria Custom Service, July 7th – 8th.
22. Essays, UK. (2013). The economic characteristics of Nigeria economics essay. URL: (Last accessed: 04.05.2018).
23. Garba, A. G. (2003). Africa’s economic development in the 21st century. In: Garba, A. G. (ed.). Development thought, policy advance and economic development in Africa in the 20th century: Lessons for the 21st century. Ibadan: University Press, pp. –LIII.
24. Garba, P. K. (2003). Empowering African nations in the 21st century: Justifications and requirement. In: Garba, A. G. (ed.). Development thought, policy advice and economic development in Africa in the 20st century: Lessons for the 21st century. Ibadan: University Press, pp. 357–397.
25. George, N. L. (2014). An introduction to the new development framework: SDGs. Chicago: Lindlon Inc.
26. Grossman, G. & Helpman, E. (1991). Innovation and Growth in the Global Economy. Cambridge: MIT Press.
27. Herbert, A. (2013). Between the Millennium Development Goals and Sustainable Development Goals. International Journal Development Policy Studies, 2(4), 10–23.
28. Idachaba, F. S. & Ayoola, G. B. (1991). Market Intervention Policy in Nigerian Agriculture: An Ex‐post Evaluation of the Technical Committee on Produce Prices. Development Policy Review, 9(3), 285–300.
29. Imhanlanhimhin, J. E. (2000). Development administration in the less developed countries. Apapa-Lagos: Amfitop Books.
30. Iwuagwu, O. (2009). Nigeria and the challenge of industrial development: The new cluster strategy. African Economic History 37, 151–180. University of Wisconsin Press. URL: (Last accessed: 05.08.2018).
31. Kaplinsky, R. (1997). India’s industrial development: An interpretative survey. World Development, 25 (5), 681–694.
32. Kormawa, P. (2014). Why Nigeria’s industrial development is slow: UNIDO. News Agency of Nigeria, Jan 31.
33. Kwanashe, J. D. (2016). Sustainable Development Goals: Where is the stand of Africa? Ghanaian Journal of Social Development of Development Research, 3(1), 35–51.
34. Liberto, D. (2019). Endogenous Growth Theory Definition. URL: (Last accessed: 17.12.2019).
35. Mabogunje, A. L. (1990). Industrialisation within an existing system of cities in Nigeria. In: Ayeni, B. & Faniran, A. (Eds.). Geographical Perspectives on Nigeria’s Development. Ibadan: Jumark Nig. Ltd, pp. 64–79.
36. Maitama, S. (2008). Nigerian economy in the pre and post-independence. Chairman’s opening remark at a 3-Day Anti-corruption crusade organised by the EFCC for the North East in Gombe. August 19th – 21st.
37. MAN. (2018). Nigerian manufacturers lament. Premium Times, January 10. URL: (Last accessed: 13.09.2018).
38. Mayer, J. (2018). Industrialisation in developing countries: Some evidence from a new economic geography perspective. United Nations Conference on Trade and Development Discussion papers, August, № 174, 1–37.
39. Meagher, K. (2010). Identity economics: Social networks & the informal economy in Nigeria. Boydell & Brewer Ltd.
40. Messick, S. (1989). Meaning and values in test validation: The science and ethics of assessment. Educational Researcher, 18(2), 5–11.
41. Morley, J. (2015). Economic theories that have changed us: Endogenous growth. The Conversation. Academic Rigour, Journalistic flair, June 21. URL: (Last accessed: 17.12.2019).
42. Mungonu, A. S. (2015). National development challenges: My final view. Sharada-Kano: Hausawa Press Ltd.
43. NACCIMA (2012). 800 companies shut down in 3 years. The Premium Times, September 11. URL: (Last accessed: 09.08.2018).
44. NPC (2019). The Nigerian economy. Abuja: National Planning Commission.
45. Nweze, O. S. (2017). The politics of project development and Alaja Steel Company in Nigeria. International Journal Development Economy, 2(2), 56–72.
46. Obadan, M. I. & Ayodele, A. S. (1998). Commercialization and privatization policy in Nigeria. Ibadan: National Centre for Economic and Management Administration (NCEMA).
47. Obasi, I. N. (1999). Research methodology in political science. Enugu: Academic Publishing.
48. Odufa, S. A. (2000). Indigenous technology for national development. In: Maiyaki, J. Y. (ed.). Management challenges in the 21st century. Shangisha, Lgos: Centre for Management Development, pp. 101–106.
49. Ogwumike, F. O. (2013). Employment, job creation and poverty alleviation. In: Akinkugbe, O. & Joda, A. (Eds.). Olusegun Obasanjo: The presidential legacy, 1999–2007, Vol. II. Ibadan: Bookcraft, pp. 166–191.
50. Okoli, F. C. (2007). Politics of Development and underdevelopment: Theories of development. Enugu: Ingenious Creations Services Ltd.
51. Okonjo-Iweala, N. (2012). Reforming the unreformable: Lessons from Nigeria. Cambridge, London: The MIT Press.
52. Olaoluwa, R. (2015). Nigerians should buy locally made goods to grow economy. The Vanguard Newspaper, May 4. URL: (Last accessed: 12.03.2018).
53. Onah, F. O. (2006). Managing public programmes and projects. Nsukka-Nigeria: Great AP Publishers Limited.
54. Onimode, B. (2003). Unequal exchange, external debt and capacity for development – oriented policies in African countries. In: Garba, A. G. (ed.). Development thought, policy advance and economic development in Africa in the 21stcentury: Lessons for the 21st century. Ibadan: University Press, pp. 39–56.
55. Onwuegzuzie, A. J., Leech, N. L. & Collins, K. (2012). Qualitative analysis techniques for the review of literature. The Columbia University Press Qualitative Report, 7(56), 20–35.
56. Oyebanji, J. O. (1982). Regional shifts in Nigerian manufacturing. Urban Studies, 19, 361–375.
57. Oyelaran-Oyeyinka, B. (1997). Industrial technology policy making and implementation in Nigeria: An assessment. Ibadan: Nigerian Institute of Social and Economic Research (NISER).
58. Oyeyinka, O. & Adeloye, O. (1988). Technological change and project execution in a developing economy: Evolution of Ajaokuta Steel Plant in Nigeria. A publication of International Development Research Centre, Canada.
59. Page, J. (2014). Africa’s failure to industrialise: Bad luck or bad policy? URL: (Last accessed: 05.09.2018).
60. PAUL, S. O., Wada, E., Audu, E. & Omisore, O. (2013). Examination malpractice: Challenges to human resource development in Nigeria. International Journal of Capacity Building in Education and Management, 2(1), 91–101.
61. Raposo, P. A. (2014). TICAD: A Partner or a Partnership Problem? In: Japan’s Foreign Aid Policy in Africa: Evaluating the TICAD Process. New York: Palgrave Pivot.
62. Robinson, J. A. & Acemoglu, D. (2012). Why nations fail: The origins of power, prosperity and poverty. New York: Crown Business.
63. Norton, A., Rogerson, A. & Maxwell, S. (2012). Inclusive and sustainable development: challenges, opportunities, policies and partnerships. Danish International Development Agency and Overseas Development Institute.
64. Romer, P. (1986). Increasing returns and long-run growth. The Journal of Political Economy, 94 (5), 1002–1037.
65. Romer, P. (1990). Endogenous Technological Change. Journal of Political Economy, 98, 71–102.
66. Sachs, J. D. (2005). The end of poverty: How we can make it happen in our lifetime. London: Penguin Books Ltd.
67. Scholtès, P. (2015). Programme Development & Technical Cooperation for UNIDO. Vienna-Austria: Vienna International Centre.
68. Sonobe, T., Akoten, J. E., & Otsuka, K. (2011). The growth process of informal enterprises in sub-Saharan Africa: a case study of a metalworking cluster in Nairobi. Small Business Economics, 36(3), 323–335.
69. Soubbotina, T. P. (2004). Beyond economic growth: An introduction to sustainable development. (2nd Edition). Washington, D.C: The World Bank.
70. Sredojević, D., Cvetanović, S., & Bošković, G. (2016). Technological changes in economic growth theory: Neoclassical, endogenous, and evolutionary-institutional approach. Economic Themes, 54(2), 177–194.
71. Szirmai, A. (2012). Industrialisation as an engine of growth in developing countries, 1950–2005. Structural Change and Economic Dynamics, 23(4), 406–420.
72. United Nations Conference on Trade and Development – UNCTD. (2018). Economic development in Africa report: 2018 Migration for Structural Transformation. URL: (Last accessed: 21.09.2019).
73. UNDP. (2018). United Nations Sustainable Development Partnership Framework (UNSDPF) 2018 – 2022. United Nations System in Nigeria. 2nd Draft.
74. UNIDO. (2012). Annual report. URL: (Last accessed: 24.12.2018).
75. UNIDO. (2013). The progress Report. URL: (Last accessed: 24.12.2018).
76. UNIDO. (2014). URL: (Last accessed: 24.12.2018).
77. UNIDO. (2015). Inclusive and sustainable industrial development in Africa Region. Vienna-Austria: Vienna International Centre.
78. UNIDO. (2016). A selection of UNIDO field projects. URL: on (Last accessed: 24.12.2018).
79. UNIDO. (2016). URL: (Last accessed: 24.12.2018).
80. Williams, O. W. (2000). Entrepreneurship development and growth of informal sector. In: Maiyaki, J. Y. (ed.). Management challenges in the 21st century. Shangisha, Lagos: Centre for Management Development, pp. 85–100.
81. Yesufu, T. M. (1996). The Nigerian economy: Growth without development. University of Benin Social Science Series.
82. Yong, L. (2013). Statement of the Director General United Nations Industrial Development Organisation. URL: (Last accessed: 24.12.2018).
83. Yong, L. (2015). Nigeria and UNIDO celebrates 50 years. The Punch Newspaper, November 3.

Abstract views: 106
PDF Downloads: 52
How to Cite
Paul , S., & Chikelue, O. (2020). The inclusive and sustainable industrial development policy: which way for Nigeria?. Scientific Papers of the Legislation Institute of the Verkhovna Rada of Ukraine, (4), 157-169.