Abstract

The current economic reforms implemented by the Federal Government of Nigeria aim to realign the nation's economy in order to address the prevailing economic challenges, including a high unemployment rate and imbalances in foreign trade resulting from excessive reliance on imported goods relative to domestically produced goods. The objective of this study is to examine the contributions of the cottage industry to the economic development of Nigeria, with the intention of addressing the aforementioned challenges. The cottage industry plays a crucial role in the Nigerian economy, making substantial contributions to the production of employment opportunities, the redistribution of income, the alleviation of poverty, and general economic expansion. This research provides an examination of the history and contemporary state of the cottage industry, complemented by empirical data to substantiate its importance. Furthermore, this study delves into the many obstacles encountered by cottage industry firms in Nigeria and puts up suggestions to enhance their progress. The data for this study will be gathered from reputable academic journals, official government reports, and scholarly literature. Keywords: Cottage, Arts, Economy, Nigeria, Unemployment. Proceedings Citation Format Ajjayi, J.B. (2022 The Role of Cottage Art Industry in Developing Nigeria Economy. Proceedings of the 31st Accra Bespoke Multidisciplinary Innovations Conference. University of Ghana/Academic City University College, Accra, Ghana. 1st – 3rd June, 2022. Pp 135-146 www.isteams.net/ghanabespoke2022. dx.doi.org/10.22624/AIMS/ABMIC2022P29

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.