Industrialization key to Nigeria Development

[TEBTC]

Nigeria is one country that has been faced with problems in all sectors of the country, Nigeria has not been able to solve the issue of development as Nigeria is still battling with under_ development since gaining independence from her colonial masters in 1960.

But one thing that will help Nigeria in facing these developmental challenges is industrialization because looking at the top economies of the world one of the first things that they did in the part to development and economic growth and stability was industrialization , for Nigeria to develop we need to shift from this our current level of doing things and embrace industry  by setting up industries which will set the Nigerian economy into a productive economy which will position Nigeria in the part of prosperity and economic growth.
 
Even the current agriculture that we are practicing as a nation with the help of industrial tools we will go mechanized farming which will use mechanized means of mass food production which will help the country food base, The role of industrialization in any economy can't be overemphasized because it is key and fundamental

[Gozie51]

That is moving away from consumption to production as one of the presidential candidate for the 2023 election (Peter Obi) dey talk. But it is not like other aspirants then no understand say na wetin the country need be that but how to go about it be the issue. Before person begin industralizing you go first talk about electricity, abi no be so? So where you see electricity wey industrialist go take power their machines abi na diesel dem go dey buy daily. The cost of manufacturing dey high here because of the things wey government no provide like that light and some companies self don begin relocate. Again, government self dey talk say nothing concern government with running business and so dem dey sell of government companies and privitized some. My brother the challenge plenty no be small.

[Odusko]

A lot of industrial development needs to be put in place to put Nigeria on the right track for economic growth and just as you have mentioned, Nigeria is lacking the tendency to ever pick up from where they are since corruption has become the order of the day, those that have the knowledge and capabilities to transform the country are not given the chance to get into power, and for that, there is no economic Blueprint to move the country from where it is to was it supposed to be and for sure we have a long way to go as far as industrialization is concerned, we are still struggling with insufficient electricity supply while other nations are moving towards a more Ecos friendly mean of energy production to power their industries.

[TEBTC]

That is moving away from consumption to production as one of the presidential candidate for the 2023 election (Peter Obi) dey talk. But it is not like other aspirants then no understand say na wetin the country need be that but how to go about it be the issue. Before person begin industralizing you go first talk about electricity, abi no be so? So where you see electricity wey industrialist go take power their machines abi na diesel dem go dey buy daily. The cost of manufacturing dey high here because of the things wey government no provide like that light and some companies self don begin relocate. Again, government self dey talk say nothing concern government with running business and so dem dey sell of government companies and privitized some. My brother the challenge plenty no be small.

You're right because electricity is one thing that fuels the industries so the issue of electricity is another very important thing that we as a country must address because before the industries will be set up there must be electricity on ground to power the industries

[Promocodeudo]

That is moving away from consumption to production as one of the presidential candidate for the 2023 election (Peter Obi) dey talk. But it is not like other aspirants then no understand say na wetin the country need be that but how to go about it be the issue. Before person begin industralizing you go first talk about electricity, abi no be so? So where you see electricity wey industrialist go take power their machines abi na diesel dem go dey buy daily. The cost of manufacturing dey high here because of the things wey government no provide like that light and some companies self don begin relocate. Again, government self dey talk say nothing concern government with running business and so dem dey sell of government companies and privitized some. My brother the challenge plenty no be small.

My brother this matter too much but the thing is, we have to start from somewhere, they problems we are facing in this country is our leaders, something can actually be done but our leaders have failed to take those stuffs that better this country as a priority and to me I think is bad, we have power problem whch is begats industrialization itself, it is very obvious which you've mentioned, the price of commodities are very high just because of something our dear country leaders can profer solutiok to if they take things very serious, it is very important for us to take this issues serious to achieve a long lasting solution but how do we go about it when people in the helm of affairs of our dear nation plays politics with everything.

we are lacking in production capacity no doubt, many things that are been consumed here in our country are been imported not because we don't have the raw material but because our government failed to create enabling environment for smooth production processes, industrialization is a good thing, is not even as if the government isnt aware but the thing is the people in government prefer doing things in their own way to favour themselves, a lot of things has gone wrong but I believe one day things we start getting right with the right person as the president of our dear country

[Dailyscript]

In industrialization you mean mass productions in Nigeria. This will comprise of several industries in all sector to achieve. And yes i agree with you, that might be a solution to hasten development in Nigeria. I can imagine the number of unemployed that will be employed in the country. Not only that, there will be a kind of stability in the economy because most things will be manufactured in the country.

Although there i still one problem, those has the finance to open this industry do see it to be a financial mistake they rather open it else where. Except from Dangote.

[Gozie51]

That is moving away from consumption to production as one of the presidential candidate for the 2023 election (Peter Obi) dey talk. But it is not like other aspirants then no understand say na wetin the country need be that but how to go about it be the issue. Before person begin industralizing you go first talk about electricity, abi no be so? So where you see electricity wey industrialist go take power their machines abi na diesel dem go dey buy daily. The cost of manufacturing dey high here because of the things wey government no provide like that light and some companies self don begin relocate. Again, government self dey talk say nothing concern government with running business and so dem dey sell of government companies and privitized some. My brother the challenge plenty no be small.

You're right because electricity is one thing that fuels the industries so the issue of electricity is another very important thing that we as a country must address because before the industries will be set up there must be electricity on ground to power the industries

Yes, that is the simple truth. The problem is not professionals that will deliver the jobs, like the planning and strategies, the policy makers, the labourers but the problem is electricity. So if you get every plans and policies right without electricity that will be used to start the machines and keep them running at low cost then industrialization will be a mirage. Some companies have already packed out from the Nigerian territories.

[Abu-Naim]

You're right because electricity is one thing that fuels the industries so the issue of electricity is another very important thing that we as a country must address because before the industries will be set up there must be electricity on ground to power the industries

Yes, lack of stable source of power is one of the main problems that are discouraging investors to come and invest and build some companies with here in Nigeria, because if they decide to go and find their means of power, they will spend huge money and the government will tap from them and still collect taxes.

Apart from lack of electricity, there is selfishness and God-fatherism; when building some companies, there are certain factors to be considers so that they can set the plant close where they can easily get row materials for production and also get available market for selling their products; but the leaders at that time will want to make sure it is located in their region even if they don’t have easy assess to all the raw materials and the market to sell the goods.

Lastly; Maintaining what we already have or completing what have been stated:
Take Ajakuta steel company as example; if the company is been completed, it will help Nigeria in several ways including economic development and providing work for millions of Nigerian youths, but every government come and spend some money on the company and go away again which is very bad, and that is the main reason why the company’s economic situation is not going really well.

[Juicyhome]

Yes, lack of stable source of power is one of the main problems that are discouraging investors to come and invest and build some companies with here in Nigeria, because if they decide to go and find their means of power, they will spend huge money and the government will tap from them and still collect taxes.

Apart from lack of electricity, there is selfishness and God-fatherism; when building some companies, there are certain factors to be considers so that they can set the plant close where they can easily get row materials for production and also get available market for selling their products; but the leaders at that time will want to make sure it is located in their region even if they don’t have easy assess to all the raw materials and the market to sell the goods.

Lastly; Maintaining what we already have or completing what have been stated:
Take Ajakuta steel company as example; if the company is been completed, it will help Nigeria in several ways including economic development and providing work for millions of Nigerian youths, but every government come and spend some money on the company and go away again which is very bad, and that is the main reason why the company’s economic situation is not going really well.

Nigerian Government are not a responsible one, every government ideas is how to steal and accumulate wealth, they never think of developing the country. Nigeria at this  age shouldn't be talking about good roads and electricity or good drinking water. its really shameful that  at this age we are  still working roads and sleeping in darkness. while some Africa countries are moving towards industrialization Nigeria is still lacking good water to drink, amidst our wealth the citizens are living in poverty as a result of lack of industrialization.

An Oil exporting country without any state working refinery, how do you want them to divert or embrace industrialization, they can't even make our refinery works but the government budget funds every year for rehabilitation just as they budget for Ajakuta steel company.

[Marvelockg]

Even the current agriculture that we are practicing as a nation with the help of industrial tools we will go mechanized farming which will use mechanized means of mass food production which will help the country food base, The role of industrialization in any economy can't be overemphasized because it is key and fundamental

The shift from the agricultural sector to the oil sector has made it difficult to focus on growing our industries outside the oil sector because of the supposed returns the oil sector is bringing. operating a single economy that relies just on a single industry has never helped any nation and even if we take out corruption from the issues we are facing, focusing on just few sector is a bad way of growing an economy.

there are some sectors that looks insignificant that if invested in can boost our national earning to a large extent. look at the interest our youth have in the sports niche for instance, if proper investment is made in our local league, we can generate a lot of returns from that sector, everything is not always about formal sectors, some informal industries can equally generate good returns almost of the same magnitude like the sectors we have dwelt too long in.

if we bring back our agricultural sector, improve on our sports sector, work on our entertainment industry and also ensure that the so much adored oil sector is made more viable and improved to the extent that it generates greater revenue to the nation, we can move from this our poor economic challenges to becoming the real giant of Africa that are strong enough to render an helping hand to our African brothers that dont have the kind of resource and talents we have.

[Baki202]

That is moving away from consumption to production as one of the presidential candidate for the 2023 election (Peter Obi) dey talk. But it is not like other aspirants then no understand say na wetin the country need be that but how to go about it be the issue. Before person begin industralizing you go first talk about electricity, abi no be so? So where you see electricity wey industrialist go take power their machines abi na diesel dem go dey buy daily. The cost of manufacturing dey high here because of the things wey government no provide like that light and some companies self don begin relocate. Again, government self dey talk say nothing concern government with running business and so dem dey sell of government companies and privitized some. My brother the challenge plenty no be small.

This matter no be today he done start because we has nigerians done to concentrate of consuming than producing and even when we produce things, we do not trust our own products, and if you look countries like china they done industrialized there countries, and na why there countries always move foward because they done really work on themselves, and even if nigeria wan to industrialize because all this, our leaders go one be the one to control all these companies and if government fit open  and companies wey they nigeria to small and we need more companies wey go invest and also empower youths and this wey people go get work and the crime rate go reduce because i no go lie the way the crime rate done increase i they sure say time go come people go buy gone so this are things that the government can do but there own na to they steal money intead o make them do there work, na money wey them no fit spend finish be there problem.

[Versatile_choice]

You're right because electricity is one thing that fuels the industries so the issue of electricity is another very important thing that we as a country must address because before the industries will be set up there must be electricity on ground to power the industries

I no gree say na because of lack of electricity go make our industry no they functional because those things no be something way them go use take excuse because as you they like this if you get money to build an industry were you go do your business, na light go make you change your mind?, actually plenty things they way suppose to make people not to depend on the federal light because if you get sand proof one or two e go carry anything way intend to do for that place.

So no be today way people done they talk about this light and nothing way our government done do for the matter, so when the dependent is not available you have to learn how to be independent yourself, because our light system no fine and individual they buy power source for their home consumption.

[Cryptohygenic]

Wetin you talk no get doubt, na really infrastructures especially productions and industrial layouts na em dey  bring developments for countries. Although Nigeria dey try small small but due to greeds and wickedness of our leaders, dem no fit just afford to create that kind development because dem believe say the infrastructures dey very expensive to actualize and if Dem make am a dream com through all that public money dem dey share in bulks no go do dem.
Our government dey reason am say dem executing public projects be like say na their personal money dem dey carry do dem.
Imagine person like Alhaji Dangote way get private refinery where to dey produce petrols way Nigeria government no get the infrastructures, so e now mean say this sole business man get money pass Nigeria way em do wetin Nigeria as a government no fit get abi na only him get that business ideal?
This na really to say our leaders dem know wetin good to do way to bring developments but dem dey politicize am by just focus on eating public funds way meant for development.

[Gozie51]

we are lacking in production capacity no doubt, many things that are been consumed here in our country are been imported not because we don't have the raw material but because our government failed to create enabling environment for smooth production processes, industrialization is a good thing, is not even as if the government isnt aware but the thing is the people in government prefer doing things in their own way to favour themselves, a lot of things has gone wrong but I believe one day things we start getting right with the right person as the president of our dear country

Sunny okosun sing say which way Nigeria. Omo e don tay wey Naija don be like this oo. If you watch music of the old since after independence, e con be like say independence na curse for Nigeria. Independence push regional government away and civil war follow, since then na all man on im own. Since then every big weight for the geopolitical zone go like com federal to collect im own national cake, dem talk about election wen the current administration never reach 2 years and that is a recurrent thing without thinking of how to really solve the challenges of the country which is tribalism, corruption and embezzlement, nepotism, lack of strong institution, transparent electoral system etc.

Industrialization go thrive where government is creating the environment for businesses to grow. You don't need to tell people self to go into small scale business when them see say to run the business is cheap and they have have profit in it. Like in Nigeria now, before you go consider doing business you must consider high cost of transportation and if you dey do business wey go carry you reach for night, Omo you must consider fuel. So it is really expensive doing physical business for Nigeria.

[letteredhub]

A lot of industrial development needs to be put in place to put Nigeria on the right track for economic growth and just as you have mentioned, Nigeria is lacking the tendency to ever pick up from where they are since corruption has become the order of the day, those that have the knowledge and capabilities to transform the country are not given the chance to get into power, and for that, there is no economic Blueprint to move the country from where it is to was it supposed to be and for sure we have a long way to go as far as industrialization is concerned, we are still struggling with insufficient electricity supply while other nations are moving towards a more Ecos friendly mean of energy production to power their industries.

Just before we continue to say anything about industrialization, just go take a look at the train rail lines we still using in Nigeria, does that depicts any going forward or it's just obvious we're still living in the early 90s while we're in 2025. I could have mentioned a lot of other things like the sources of electricity we have too but I don't want to waste energy going that deep for a state that it's steering is manned by unqualified people while the qualified ain't given a chance.

Creative and intelligent leaders marshall industrialisation in any country and not looters and power mongers whose the current state of the nation is the only way that could maintain their stronghold for which any changes could be a threat to their existence in power.

[Dreadboost]

Industrialization is a good very good way of developing or growing an economy and I think it's important that Nigeria begin to think towards the part of Industrialization to help the country develop faster. Industrialization moves Nigeria from being a consumer to a producing nation,  it will also help in providing employment for the citizens which will improve the country's economy and in its development.
An industrialized society also attracts investors,  because they begin to believe that the society is developed and will definitely be good for market.

[Progress101]

Nigeria is one country that has been faced with problems in all sectors of the country, Nigeria has not been able to solve the issue of development as Nigeria is still battling with under_ development since gaining independence from her colonial masters in 1960.

But one thing that will help Nigeria in facing these developmental challenges is industrialization because looking at the top economies of the world one of the first things that they did in the part to development and economic growth and stability was industrialization , for Nigeria to develop we need to shift from this our current level of doing things and embrace industry  by setting up industries which will set the Nigerian economy into a productive economy which will position Nigeria in the part of prosperity and economic growth.
 
Even the current agriculture that we are practicing as a nation with the help of industrial tools we will go mechanized farming which will use mechanized means of mass food production which will help the country food base, The role of industrialization in any economy can't be overemphasized because it is key and fundamental

industrialization plays a big role in development, but I also think Nigeria’s problem goes deeper than just setting up industries. You can’t build industries on a weak foundation. Before industrialization can even thrive, we need to fix the basics, electricity, infrastructure, education, and security (especially this one). There some investment i have lost simply because they said my country isnt safe at the moment.
in Nigeria to be real, a lot of investors and innovators are ready to build, but the system itself frustrates progress. No steady power supply, bad roads, and corruption at every level, all these things make it hard for industries to survive, let alone grow, this year alone alot of foreign brands left Nigeria
For industrialization to thrive we need to build systems that can sustain them, that means strong institutions, skilled labor, and consistent government policies that don’t change every four years.

I honestly believe Nigeria has what it takes in terms of resources, talent, and a massive market, but without structure and accountability, no amount of 'industrialization plan' will work. We must fix the system before we talk about industries, only then can industrialization truly become a driver of growth, not just another political slogan.....