Indigenous Enterprise in Nigerian Manufacturing

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Abstract
In spite of the predilections of some development economists, the spate of programmes for industrialisation in develop countries – some times supported or sponsored by technologically advanced countries and international organisations – attests to the current widespread belief that industrialisation is asine qua nonfor rapid economic growth of most developing countries. However, unlike Japan's industrialisation, which was achieved mostly by internal reorganisation and the acquisition of knowledge and techniques from abroad, Nigeria's industrial progress has so far been charted largely by foreign capital and expertise, so that planners, although imbued with a religious faith in industrialisation, begin to entertain fears about the country's over-dependence on external sources of capital, high-level manpower, and enterprise.1These fears found expression in theNational Development Plan, 1962–68, thus:

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