IDEAS home Printed from https://ideas.repec.org/a/oap/ijaefa/v5y2019i1p14-30id102.html
   My bibliography  Save this article

Re-Engineering Nigeria Economy through Fourth Industrial Revolution: A Case of Agro-Allied Firms in Nigeria

Author

Listed:
  • Onyeizugbe Chinedu Uzochukwu
  • Nnadi Tochukwu Alloysius
  • Enaini Stella Olohi

Abstract

It is a known fact that all the efforts put in place over the years to industrialize the Nigerian economy have not yielded the desired result. Because industrial revolution does not wait for any country, Nigeria Nation is not well positioned for the fourth industrial revolution. It is in this view that the study adopted ex-post-facto research design to examine re-engineering Nigeria economy through forth industrial revolution from 2009 – 2019. The multistage sampling technique was adopted to limit the scope of the study. Data collected were obtained from the secondary source and analyzed using the ordinary least-square (OLS) method. The findings revealed that social platforms for businesses have a positive and significant impact on the gross domestic product of the country. The study concluded that efforts should be made in changing existing system of operation and embracing social media platforms in order to achieve business technological advancement especially within the agro-allied sector which has potentials of increasing the nation’s economy. This study recommended among others that the government of Nigeria should consider indebt change in their system of operation so as to encourage new media network building among various sectors in the country and ensure industrial revolution most especially in the agricultural sector.

Suggested Citation

  • Onyeizugbe Chinedu Uzochukwu & Nnadi Tochukwu Alloysius & Enaini Stella Olohi, 2019. "Re-Engineering Nigeria Economy through Fourth Industrial Revolution: A Case of Agro-Allied Firms in Nigeria," International Journal of Applied Economics, Finance and Accounting, Online Academic Press, vol. 5(1), pages 14-30.
    • Handle: RePEc:oap:ijaefa:v:5:y:2019:i:1:p:14-30:id:102
    as

    Download full text from publisher

    File URL: https://onlineacademicpress.com/index.php/IJAEFA/article/view/102/146
    Download Restriction: no
    File URL: https://onlineacademicpress.com/index.php/IJAEFA/article/view/102/406
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oap:ijaefa:v:5:y:2019:i:1:p:14-30:id:102. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Heather Rothman (email available below). General contact details of provider: http://onlineacademicpress.com/index.php/IJAEFA/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.