ABSTRACT
The study
investigate the impact of minimum wage on industrial sector output in Nigeria
covering the period of 1981 to 2018. The objectives of the study were to
evaluate the impact of mini11111111 ,rage on industrial output in Nigeria and
Jo ascertain the causal relationship between minimum wage and industrial output
in Nigeria. Ordinary Least Square regression technique und granger causality
test was adopted in the study. from the result on the I-test the study revealed
that industrial minimum wage has a positive and significant impact on
industrial output in Nigeria, investment has a positive and significant impact
on industrial output in Nigeria. money supply has a positive and significant
impact on industrial output in Nigeria and there exisr a causal relationship
between minimum wage and industrial output in Nigeriu. Based on the findings
the srudy recommended that: there is need to increase minimum wage despite the
significant impact, the government should increase minimum wage in Nigeria this
will go a long to increase efficiency of labor, thus increase industrial output
in the Nigerian economy. More inre.,1111en1 should also be encourage in the
industrial sector by reducing interest rate and increasing loans lo individuals
in the economy. There should be more money in cm:u/ation so as to increase
industrial productive in the economy
CHIMA, M (2025). Impact of Minimum Wage on Industrial Sector Output in Nigeria:- Chima Amarachi M. Repository.mouau.edu.ng: Retrieved Oct 30, 2025, from https://repository.mouau.edu.ng/work/view/impact-of-minimum-wage-on-industrial-sector-output-in-nigeria-chima-amarachi-m-7-2
MARY, CHIMA. "Impact of Minimum Wage on Industrial Sector Output in Nigeria:- Chima Amarachi M" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 30 Oct. 2025, https://repository.mouau.edu.ng/work/view/impact-of-minimum-wage-on-industrial-sector-output-in-nigeria-chima-amarachi-m-7-2. Accessed 30 Oct. 2025.
MARY, CHIMA. "Impact of Minimum Wage on Industrial Sector Output in Nigeria:- Chima Amarachi M". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 30 Oct. 2025. Web. 30 Oct. 2025. < https://repository.mouau.edu.ng/work/view/impact-of-minimum-wage-on-industrial-sector-output-in-nigeria-chima-amarachi-m-7-2 >.
MARY, CHIMA. "Impact of Minimum Wage on Industrial Sector Output in Nigeria:- Chima Amarachi M" Repository.mouau.edu.ng (2025). Accessed 30 Oct. 2025. https://repository.mouau.edu.ng/work/view/impact-of-minimum-wage-on-industrial-sector-output-in-nigeria-chima-amarachi-m-7-2