The research investigated the problems militating against
industrial development in Oredo Local Government Area of Edo State.
The researcher will covered some local government Area of Edo
state. So as to examine the concept of industrial development and also to
identify the problems of industrial development in Oredo local government area
of Edo state
The questionnaires were collected by the researcher immediately
after they were answered by the respondents and were talent on the basis of
percentage result were computed for the study. The result of the data analysis
collected revealed t5he following problems of skilled and unskilled workers,
shortage of capitals, transportation and communication system, and shortage of
To reduce or eliminate these problems the following
recommendations were made on how these problems mention above can be solved.
1)Government should pump out money to the desiring
people through loans by the bank and ensure that money get to the rightful use.
2)There should be improvement of transport and
communication system In Oredo local government area.
3)Government should improve on agricultural
sectors for the increase in production of raw materials.
4)Government should encourage international trade
between different countries so that these local products can be sold and
exchanged with other goods.
TABLE OF CONTENT
CHAPTER ONE (INTRODUCTION)
Background of the study
Statement of the problem
Purpose of the study
Significance of the study
Scope of the study
Limitation of the study
Definition of terms
CHAPTER TWO (REVIEW
OF RELATED LITERATURE)
The concept of industrial development
The problems of industrial development
Solutions to the problems of industrial development
A brief summary
CHAPTER THREE (METHODOLOGY)
Population of the study
Sample of the study
Sampling techniques adopted
Validation of instrument
Method of data collection
Method of data analysis
Discussion of the findings
Summary, conclusion and recommendation
BACKGROUND OF THE STUDY
Oredo local government area is one of the eighteen (18) local
government areas of Edo state with headquarter in Benin City. Oredo Local
Government Area is an urban centre.
Majority of the labour force in the local government engage in
industries or business. These industries are facing some developmental problems.
Industrialization is the key to economic development in any
country. For any country to attain any level of development, industrialization
is put into consideration.
According to Iyoha (1989), in his own view said that “it is
becoming increasingly accepted that industrialization is an effective means of
bringing about rapid economic development in developing countries
The benefits derived from the various industries cannot be over
emphasis, it is the pride of a nation to develop more industries in order to
achieve maximum progress technologically.
The total dependence of foreign goods produced by foreign
industries are detrimental to the incurred in the process and the whole economy
would be experiencing societal backwardness.
Over the years Oredo local government area has been experiencing
little or no progress industrially. It has not always favored. The development
and progress of existing industries. But we may say that the reason might be
politically inclined. Moreover, there is total dependence on subsistence
farming by the populace who only produce for agricultural goods and neglect the
industrial sector had been very much problematic.
Recently, both individuals, private and state are laboring
immensely to develop industrial based I the local government. Also knowing the
benefits the nation derived from industrialization has decided to increase its
annual budget to the industrial sector in order to increase its progress.
However, Oredo local government of Edo state is blessed with
natural resources which are the bedrock to industrialization. These natural
resources most of which are not exploited. The raw materials imply the
utilization of these raw materials and the employment of people of the local
government Area which in turn will lead to industrial development with its
STATEMENTS OF THE STUDY
Considering the benefits of establishing industries in
communities, one wonder while these are few industries in Oredo local
government area perhaps, the reason can be attributed to certain factors that
make the industries to find difficult to innovates carryout research work,
acquire new plants and machineries as well as capital for developing because of
the following problems.
1)Shortage of capital
2)Shortage of certain raw materials
3)Political decision by government
5)Inadequacy of markets for industrial goods
6)Problems of skilled and unskilled workers
PURPOSE OF THE STUDY
The purpose of the study is to
investigate the problems facing industrial development in the area.
i)To find out how these problems have affected
then growth and development of industries in Oredo local government area.
ii)To find out the possible solution to the
problems of industrial development in Oredo local government.
iii)To find out if there is raw materials in the area
iv)To find out if there is adequate markets for
v)To determined if there are enough capital to
SIGNIFICANCE OF THE STUDY
This study will be of great importance to the development of new industries in
Oredo local government area. The study will contribute to the solution of some
of the problems in the area and ensure that government take political decision
to setup industries in the area.
It will be significant to the residence of the area to raise capital to setup
industries because capital is necessary in the establishment of industries. The
government should provide lasting solution to this menace in Edo state in
general, and especially Oredo local government area and this will be of great
benefits to the skilled and unskilled workers.
For the purpose of this study the researcher attempted to
find out the validity of the following research questions.
1.To what extent does an inadequate market for
industrial goods hinder industrial development?
2.To what extent is shortage of capital the
problem of industrial development?
3.Is poor transportation facilities and communication
system affecting industrial development?
4.Does shortage of raw materials in industrial
development lead to low productivity of goods?
does the problem of skilled and unskilled workers affect the development of
SCOPE OF THE STUDY
It borders on the development of industries in Oredo local; government area of
Edo state with special emphasis on the problems of industrial development in
Many authors have written a lot on the problems facing industrial development
of various industries but in different localities.
Whoever, few information can only be gathered because their studies where
mostly on urban areas.
DEFINITION OF TERMS
be defined as the aggregate of firms producing economically, related to goods
means growth in a country GDP with the wide use of machine in the production
which in turn affects the social economics activities of the society.
iii)ECONOMICS: As a
science, which studies human behavior as a relationship between ends and scarce
means, which have alternative uses
the process of increasing business, trade and industrial activity.
v)INDUSTRIAL DEVELOPMENT: Is
the process of increasing the knowledge, skills and capability of people in a
TERMS AND CONDITIONS APPLY
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