History of Industrialization or Industrial development describes the process of transition from an agricultural society, devoid of mechanization, to a society that is based on industry. This involves an increase in technological development. New machines, new forms of power, new transport and new means of mobilizing capital to enhance massive increases in productivity.
This may hardly read as your typical captivating news story, never mind one of the century's most inspiring special reports. Yet it mirrors the dreams and disappointments, promise and enterprise of an extra-ordinary league of citizens slugging it out daily against daunting odds in the nation's East of the Niger, thus arousing speculations that they may be the next best thing to happen to Nigeria since the 1970's oil boom. OLATUNJI OLOLADE, Assistant Editor, writes
For Ugochukwu Egwuatu, a trader in Nkwo Nnewi, lack of genuine support from government, is slowing down business in the area. “We’ve not really seen the serious impact of the government over the years, especially the federal government.
Some years ago, when some Nnewi traders in Lagos resolved to head back home and reestablish their motorcycle business, it looked like a mission impossible. Really, leaving the commercial nerve centre of the country at that time, with all its potentials, for a local community like Nnewi, was indeed a huge risk.
When Mr. Humphrey Ngonadi became the President of the Nnewi Chamber of Commerce, Industry, Mines and Agriculture (NCCIMA), about three years ago, he inherited a moribund organization.
Any time Nigeria is compared to a smaller country like Ghana, some great logicians would retort that “Ghana is just as big as Lagos State,” as if the more populated a country is, the more underdeveloped and disorganised it should be.
The Innoson Vehicle Manufacturing Company Limited will today make history as the first indigenous car manufacturer in the country with the official unveiling of 500 made in Nigeria cars built at its Nnewi, Anambra State, plant. In this exclusive interview with CHIDI NNADI, the Chairman of Innoson Group, Dr Innocent Chukwuma, he looked at his...
