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Abstract

The thrust of this study was to analysed the existing relationship between the manufacturing sector and economic growth in Nigeria between the period, 1990 to 2023. Specifically, the study quantified the contribution of manufacturing output to economic growth in Nigeria; the effect of food, beverages, and tobacco on economic growth in Nigeria; and the effect of textile, apparel and footwear output on economic growth in Nigeria. The findings demonstrate that manufacturing sector output positively impacts economic growth in Nigeria both in the short run and long run, with statistical significance evident mostly in the short run. From the food, beverages, and tobacco equation, it was found that; in the long run, Food, Beverages, and Tobacco output has a positive but non-statistically significant relationship with economic growth in Nigeria. In the short run, the current period of food, beverages, and tobacco output revealed a positive and statistically significant impact on economic growth in Nigeria. From the Textile, Apparel, and Footwear equation, it was found that, in the long run, Textile, Apparel, and Footwear output has a positive and statistically significant relationship with economic growth in Nigeria. 'In the short run, textile, apparel, and footwear, revealed a positive non statistically significant impact on economic growth. It’s recommended that the Nigerian government support and Invest in the Manufacturing Sector. Increased investments in the production of garments, such as shirts, pants, and dresses from fabrics like cotton and silk, should be encouraged to drive sustained economic growth in the country.

Keywords

Manufacturing, Output, Economic, Growth, Nigeria

Article Details

How to Cite
CHUKWUEDO , S. O., IHUOMA , C. E., IHUOMA , C. E., & ISMAIL , S. A. (2024). MANUFACTURING OUTPUT AND ECONOMIC GROWTH IN NIGERIA: A DISAGGREGATED ANALYSIS . JOURNAL OF ECONOMICS AND ALLIED RESEARCH, 9(2), 281–301. Retrieved from https://jearecons.com/index.php/jearecons/article/view/424

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