Impact Of Manufacturing Sector Capacity Utilization On Economic Growth In Nigeria:- Umelo Chinemerem M
Abstract
The objective of this study is to
investigate the impact of manufacturing capacity utilization on Nigeria
economic proxy by the gross domestic product (GDP). The study further looked at
the relation between capacity utilization (CUR), manufacturing productivity index
(MPI) and gross domestic product in the period under review. Secondary data
were sourcedfrom Central Bank of Nigeria (CBN) Statistical Bulletin and other
relevant government agenciesfor the period covered in the study, 1981-2018. The
data were analyzed using econometric model with the aid ofE-views 8. The
results show that a strong positive and significant relationship exist between
economic growth and manufacturing capacity variables used. However, it was
recommended that the government should hereby embark on core industrial project
to facilitate local supply of raw materials and intermediate products that
would bring about the much-needed backward integration in the economy. Improved
local sourcing ofraw materials will undoubtedly reduce cost /ofproduction and
boost employment generation, thereby making locally manufactured products ’
price competitive, both in the local and international markets. Key Words:
manufacturing capacity, economic growth, Nigeria, post-IFRS, GDP, industrial
project
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MICHAEL, U (2026). Impact Of Manufacturing Sector Capacity Utilization On Economic Growth In Nigeria:- Umelo Chinemerem M. Repository.mouau.edu.ng: Retrieved May 12, 2026, from https://repository.mouau.edu.ng/work/view/impact-of-manufacturing-sector-capacity-utilization-on-economic-growth-in-nigeria-umelo-chinemerem-m-7-2
UNIVERSITY, MICHAEL. "Impact Of Manufacturing Sector Capacity Utilization On Economic Growth In Nigeria:- Umelo Chinemerem M" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 08 May. 2026, https://repository.mouau.edu.ng/work/view/impact-of-manufacturing-sector-capacity-utilization-on-economic-growth-in-nigeria-umelo-chinemerem-m-7-2. Accessed 12 May. 2026.
UNIVERSITY, MICHAEL. "Impact Of Manufacturing Sector Capacity Utilization On Economic Growth In Nigeria:- Umelo Chinemerem M". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 08 May. 2026. Web. 12 May. 2026. < https://repository.mouau.edu.ng/work/view/impact-of-manufacturing-sector-capacity-utilization-on-economic-growth-in-nigeria-umelo-chinemerem-m-7-2 >.
UNIVERSITY, MICHAEL. "Impact Of Manufacturing Sector Capacity Utilization On Economic Growth In Nigeria:- Umelo Chinemerem M" Repository.mouau.edu.ng (2026). Accessed 12 May. 2026. https://repository.mouau.edu.ng/work/view/impact-of-manufacturing-sector-capacity-utilization-on-economic-growth-in-nigeria-umelo-chinemerem-m-7-2