SOCIAL GLOBALIZATION AND NIGERIA’S MANUFACTURING SECTOR OUTPUT

Abstract

This study investigated the impact of social globalization on Nigeria’s manufacturing sector output. This study utilized the autoregressive distributed lag estimation technique and sourced its data from the world development indicators. The study found that the manufacturing production and the social globalization index have long-term correlations, it also discovered that the coefficient of social globalization was positive and insignificant which suggested that social globalization has not promoted Nigeria’s manufacturing sector output during the study period. This study observed that in order for Nigeria to harness the benefits of social globalization there is need for Nigeria to make sufficient reliable and effective policies. The study concludes that social globalization was insufficient to propel manufacturing output in Nigeria and recommends policy measures such as strengthening of the Nigeria local content development, including the promotion of vocational training alignment with global standards and supporting digital platforms for local manufacturers.