Restructuring: To what end? | The Guardian Nigeria News - Nigeria and World News

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Sir: Since the Industrial Revolution, no country has developed nor can develop outside industrialisation. The major characteristic of industrialisation is that it thrives only on the economy of scale based on the capacity for mass...

Sir: Since the Industrial Revolution, no country has developed nor can develop outside industrialisation. The major characteristic of industrialisation is that it thrives only on the economy of scale based on the capacity for mass production and access to mass market. The U.S. is a perfect example of a country that has been able to achieve these.

What then to do? First, I suggest the creation of four, at most six, geo-political- cum industrial zones based on raw material competitive advantage of each zone. This will encourage both complementarity and healthy competition among the zones. Second, the zones must mechanise agriculture for mass both output and value addition.

 

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