A major factor militating against rapid industrialization in Nigeria is

Assessment: JAMB UTME - Economics - 2006 Subject: Economics

Question 1 Report

A major factor militating against rapid industrialization in Nigeria is
Answer Details
A major factor militating against rapid industrialization in Nigeria is epileptic power supply. This means that the country's power supply is unreliable and inconsistent, making it difficult for industries to operate efficiently and effectively. Without a steady power supply, industries cannot produce goods and services to meet demand, leading to a decline in productivity and profitability. It also makes it difficult for new industries to emerge and existing ones to expand, hindering the country's overall economic growth and development.

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