Industrial Development and Poverty Reduction: An Empirical Assessment of the Nigerian Human Capital Development

  • Olawunmi Omitogun Department of Economics, Olabisi Onabanjo University, Ago Iwoye, Ogun State
  • A.D. Adeagbo Faculty of Engineering and Technology, First Technical University, Ibadan
  • Adebayo Akanbi Johnson Accounting Department, Adeleke University, Ede
  • Timothy Ayomitunde Aderemi Department of Economics, Accounting and Finance, Bells University of Technology
Keywords: Manufacturing Value Added; HDI; Poverty; Nigeria


Nigeria's high poverty rate might be linked to the country's failure to develop its industrial sector over the past years. Against this background, this study examined the influence of industrial expansion on poverty reduction in Nigeria.  Data from, 1990 to 2021 were estimated using a completely modified ordinary least squares method and Pairwise Granger causality respectively. According to the study's findings, manufacturing value added and human capital development are inversely related in Nigeria but statistically not significant. This is an indication that industrial development has less capacity to reduce poverty in Nigeria, which is contrary to the aprori expectation. The deficiency in industrial development in Nigeria might account for this result. Furthermore, there is no causal link between industrial value added and the human development index. This implies that the current level of industrial development in Nigeria could not reduce poverty in the country. Based on these findings, the study recommends for the Nigerian policymakers, among other things, that policies and programmes that would drive industrial expansion should be embarked upon in the country, this would boost job creation, and output growth, and eventually eliminate poverty in the country.

How to Cite
Omitogun, O., Adeagbo, A., Johnson, A. A., & Aderemi, T. A. (2023). Industrial Development and Poverty Reduction: An Empirical Assessment of the Nigerian Human Capital Development. Public Administration and Regional Studies, 16(2), 93-107. Retrieved from

Most read articles by the same author(s)

Obs.: This plugin requires at least one statistics/report plugin to be enabled. If your statistics plugins provide more than one metric then please also select a main metric on the admin's site settings page and/or on the journal manager's settings pages.