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From Consumption to Production: The whys and ways out of failed industrialisation in Nigeria

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Book Details
Language
English
Publishers
MakeWay Books (6 Mar. 2024)
Weight
0.4 KG
Publication Date
06/03/2024
ISBN-10
1907925759
Pages
366 pages
ISBN-13
9781907925757
Dimensions
12.7 x 2.34 x 20.32 cm
SKU
9781907925757
Author Name
Banji Oyelaran–Oyeyinka (Author)
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The architects of Nigeria’s Development Plans believed in the power of the state to achieve socio-economic development through industrialisation. The nation invested heavily in highly-intensive and costly industrial plants such as iron and steel, petrochemicals, and aluminium plants; all of them failed.

Planners were not well informed about planning industrial projects and therefore mismanaged them. The country today has nothing to show for billions of dollars invested.

Presumptions, corruption and ignorance led to colossal mistakes while the country descended into a consumption nation. Nigeria, the book argues, should not be a consumption but a production nation.

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