n South African Journal of Economic and Management Sciences - Incentives in Nigeria's food manufacturing industries and their impact on output and prices
|Article Title||Incentives in Nigeria's food manufacturing industries and their impact on output and prices|
|© Publisher:||University of Pretoria|
|Journal||South African Journal of Economic and Management Sciences|
|Publication Date||Sep 2004|
|Pages||553 - 569|
ISI Social Science
Since the inception of the Nigerian government economic reform programme in 1986, various incentives have been granted to the manufacturing sector, as a means of lifting the sector from the constant low level of performance and contribution to GDP. This paper sets out to find out how these various government incentives have impacted on manufacturing output-with specific focus on the food sub sector. By studying the operating profile of selected food-man ufactu ring companies, using the Pearson correlation analysis with relevant output, employmentand price index variables, it was found that the benefits of these incentives appear not to have been passed on to the general public. It is thus recommended that bench-mark performance expectations be set for manufacturers as a pre-condition for granting incentives in subsequent dispensations.
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