Which of the following is true of manufacturing industries in Nigeria?
Answer Details
Currently, most manufacturing industries in Nigeria produce consumer goods. These include food and beverages, textiles and clothing, household items, and pharmaceuticals. However, some industries also produce capital goods such as machinery and equipment.
While some Nigerian manufacturing companies export their products to other countries, it is not true that large quantities of their products are exported. Nigeria has a significant trade deficit, meaning that the country imports more than it exports.
Many Nigerian manufacturing industries rely heavily on imported raw materials due to inadequate local production. This has been a significant challenge to the growth of the sector. However, there are efforts by the government and private sector to promote local sourcing of raw materials.
Most Nigerian manufacturing industries were established after the colonial era, with a significant number being set up in the 1970s and 1980s. They are mainly located in the southern and southwestern regions of the country, with some in the northern and eastern regions as well.
In conclusion, the correct option is (a) most of them produce consumer goods.