Description
The industrial sector remains a strong sector of any economy be it developed or developing. The developed countries are noted for their high industrial performance. The effect of the industrial activities on the economy of underdeveloped or developing nation is still under contention. It?s a fact that the economy will not grow without its industrial activities. These activities includes: agriculture, manufacturing Nigeria mining and mineral processing and export opportunities for manufacturers. This study specifically analyze the impact of industrialization to economic development. It postulate that inspite of the effort of Nigerian government Nigeria still show a stunted growth because of some constraints. In order to redress these problems it was suggested that government should ensure policy consistency by allowing fiscal and monetary policies to work themselves out before a counter policy is introduced also industrial policy must be designed reviewed and implemented in such a way that it will facilitate and not discourage investment in the sector. Based on the above the prosperity of the nation to a large extent dependents on the development and sustenance of the industrial sector.