STRATEGIC POSITIONING OF DIVERSIFICATION IN THIRD WORLD ECONOMIES: EVIDENCE FROM NIGERIAN SOLID MINERAL SUB-SECTOR

PROF. PATRICK L. AKPAN

Volume: 09 Issue: 04 2023

Abstract:

This paper is an empirical investigation into the strategic directions of diversification in an emerging economy with Nigeria as the center of focus. The problems inhibiting diversification require strategic focus aimed at adequate utilization of the abundant natural resources of Nigeria particularly the solid mineral sub-sector. In the investigation, the ordinary least square is adopted in the result is respectable. The study advocates adequate utilization of the abundant natural resources with strategic directions in the diversification programme in order to derive the benefits thereof. A negation of this renders the diversification programmes of Nigeria a wasted effort and of course a tall dream.

Back Download