INDUSTRIALIZATION AND FOOD SECURITY IN NIGERIA: IS THERE ASYMMETRY?
INDUSTRIALIZATION AND FOOD SECURITY IN NIGERIA: IS THERE ASYMMETRY?

Summary/Abstract: This research examined how industrialization influenced food security in Nigeria between 1986 and 2022. Drawing data from the Global Footprint Network, World Development Indicators, and the Central Bank of Nigeria, the study employed econometric techniques such as the ADF Test, Wald Test, and the NonLinear Autoregressive Distributed Lag (NARDL) model to analyze asymmetric effects. The results indicated a long-term asymmetric nexus, where positive changes in industrialization significantly enhanced food security, while negative changes exhibited a relatively weaker positive effect. Short-run analysis shows positive industrial activities negatively impact food security, whereas negative changes have a weak positive effect. The study recommends firms adopt eco-friendly technologies and adhere to environmental regulations. The government should enhance these regulations and provide incentives for sustainable practices. Additionally, farmers are encouraged to adopt advanced agricultural technologies and diversify their income sources to build resilience against adverse industrial impacts on food security.

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