An evaluation of industrial policies’ role in promoting sustainable growth in Nigeria: A case study of Ogun State (2000–2020)
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Background of the Study :
Industrial policies are pivotal for fostering sustainable economic growth by creating an enabling environment for domestic industries to thrive. In Nigeria, particularly in Ogun State, government initiatives have aimed at boosting local production, enhancing technological capabilities, and reducing dependency on imported goods. From 2000 to 2020, several industrial policies were introduced to improve infrastructure, provide financial incentives, and promote innovation in the manufacturing sector (Adeyemi, 2023). These policies sought to diversify the economy and stimulate job creation; however, their success in achieving long-term sustainable growth has been mixed. While certain sectors have benefited from increased investment and modernization, others have been hampered by bureaucratic delays and inadequate monitoring systems (Balogun, 2024). Moreover, issues such as regulatory inconsistencies and limited private sector engagement have challenged the effective implementation of these policies. This study critically evaluates how industrial policies have influenced sustainable growth in Ogun State by examining their impact on industrial productivity, environmental sustainability, and socio-economic development. A multidimensional analysis that incorporates economic, social, and environmental indicators is used to provide a comprehensive assessment of policy outcomes and to identify strategies for improved policy design and implementation (Chukwu, 2025).
Statement of the Problem
Despite the implementation of numerous industrial policies aimed at promoting growth, Ogun State has experienced inconsistent outcomes. Inadequate policy enforcement, regulatory bottlenecks, and limited private sector participation have undermined the intended benefits. Although some industrial sectors have shown improvement, the overall impact on long-term sustainable growth remains questionable. This disconnect between policy objectives and ground-level realities has resulted in inefficient resource utilization and persistent infrastructural challenges. There is a need to identify and address these implementation gaps to ensure that industrial policies can effectively drive sustainable development and enhance competitiveness in the global market (Okafor, 2023; Uche, 2024).
Objectives of the Study:
1. To evaluate the effectiveness of industrial policies in promoting sustainable growth in Ogun State.
2. To identify key challenges and opportunities within the current policy framework.
3. To propose recommendations for enhancing policy outcomes.
Research Questions:
1. How have industrial policies influenced sustainable growth in Ogun State?
2. What challenges hinder the effective implementation of these policies?
3. What measures can enhance the impact of industrial policies on sustainable development?
Research Hypotheses:
1. H1: Industrial policies have a significant positive effect on sustainable growth in Ogun State.
2. H2: Implementation challenges negatively impact the effectiveness of industrial policies.
3. H3: Policy reforms can lead to improved industrial productivity and sustainability.
Significance of the Study (100 words):
This study is critical for understanding how industrial policies drive sustainable growth in Ogun State. By evaluating policy effectiveness and identifying implementation gaps, the research offers actionable insights for policymakers, industry stakeholders, and academics. The findings will support the development of more coherent industrial strategies that promote economic diversification, environmental sustainability, and long-term growth, thereby bridging the gap between policy formulation and practical outcomes (Ibrahim, 2023).
Scope and Limitations of the Study:
The study is limited to analyzing industrial policies and their impact on sustainable growth in Ogun State, focusing exclusively on policy implementation and industrial productivity.
Definitions of Terms:
1. Industrial Policies: Government measures aimed at promoting domestic industrial development and competitiveness.
2. Sustainable Growth: Economic development that meets present needs without compromising future resources and environmental integrity.
3. Policy Implementation: The process through which government strategies are executed and enforced.
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