Theory question 106
IndustrialisationSection B
What has the government done to encourage industrialization in Nigeria?
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Government measures (any well-explained points):
1. Provision of infrastructure: roads, electricity, water, communication.
2. Industrial estates and export processing zones.
3. Tax holidays (pioneer status) and other tax reliefs.
4. Protection of infant industries through tariffs and import bans.
5. Credit through development banks (e.g. NIDB, NBCI) and SME schemes.
6. Indigenisation policy to increase Nigerian participation.
7. Direct government investment in industries (steel, refineries, fertiliser).
8. Training of manpower, research institutes and technical schools.
9. Encouraging foreign investment and joint ventures.
Name the measure, then say how it helps industry.