The Impact Of Industrial Sector Development On Economic Growth In Nigeria:- Uchenna, Kasarachi R

KASARACHI ROSEMARY | Projects
Economics | Co Authors: UCHENNA

ABSTRACT

 This research work is on the industrial sector on economic growth in Nigeria. The main objective of this study is to empirically examine the impact of industrial sector on economic growth in Nigeria. This research work made use ofsecondary data which were obtaine fi om e Central bank ofNigeria Statistical Bulletin (2018). The data were collectedfor a pei io ojt irty seven years (1981-2018). The Ordinary Least Square Regression Technique was employed in the analysis of the data. It was found that industrial sector has significant impact on economic growth in Nigeria. Based on the findings, it was recommended that government throug its agencies should reduce the interest rate to encourage private investors and entrepreneurs to embark on investment which will enhance the economic growth ofNigeria.ABSTRACT This research work is on the industrial sector on economic growth in Nigeria. The main objective of this study is to empirically examine the impact of industrial sector on economic growth in Nigeria. This research work made use ofsecondary data which were obtaine fi om e Central bank ofNigeria Statistical Bulletin (2018). The data were collectedfor a pei io ojt irty seven years (1981-2018). The Ordinary Least Square Regression Technique was employed in the analysis of the data. It was found that industrial sector has significant impact on economic growth in Nigeria. Based on the findings, it was recommended that government throug its agencies should reduce the interest rate to encourage private investors and entrepreneurs to embark on investment which will enhance the economic growth ofNigeria.

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APA

KASARACHI, R (2026). The Impact Of Industrial Sector Development On Economic Growth In Nigeria:- Uchenna, Kasarachi R. Repository.mouau.edu.ng: Retrieved Apr 16, 2026, from https://repository.mouau.edu.ng/work/view/the-impact-of-industrial-sector-development-on-economic-growth-in-nigeria-uchenna-kasarachi-r-7-2

MLA 8th

ROSEMARY, KASARACHI. "The Impact Of Industrial Sector Development On Economic Growth In Nigeria:- Uchenna, Kasarachi R" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 16 Apr. 2026, https://repository.mouau.edu.ng/work/view/the-impact-of-industrial-sector-development-on-economic-growth-in-nigeria-uchenna-kasarachi-r-7-2. Accessed 16 Apr. 2026.

MLA7

ROSEMARY, KASARACHI. "The Impact Of Industrial Sector Development On Economic Growth In Nigeria:- Uchenna, Kasarachi R". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 16 Apr. 2026. Web. 16 Apr. 2026. < https://repository.mouau.edu.ng/work/view/the-impact-of-industrial-sector-development-on-economic-growth-in-nigeria-uchenna-kasarachi-r-7-2 >.

Chicago

ROSEMARY, KASARACHI. "The Impact Of Industrial Sector Development On Economic Growth In Nigeria:- Uchenna, Kasarachi R" Repository.mouau.edu.ng (2026). Accessed 16 Apr. 2026. https://repository.mouau.edu.ng/work/view/the-impact-of-industrial-sector-development-on-economic-growth-in-nigeria-uchenna-kasarachi-r-7-2

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