These are the objectives of industrial strategies in Nigeria EXCEPT

Analyze the question: We are asked to find the option that is NOT an objective of Nigeria's industrial strategies. Four options are genuine objectives and one is not.

Concept: Nigeria's industrial strategies (such as import substitution industrialization, export promotion, and indigenization) aim to:

• Reduce dependence on imports by producing goods locally (import substitution)
• Increase local raw material use and value added
• Promote exports to earn foreign exchange
• Provide finance, incentives, and infrastructure for industries
• Create jobs and diversify the economy

Checking each option:

• A. Industrial financing: This is an objective. Institutions like the Bank of Industry (BOI) and NIDB were created to fund industries.
• B. Maximization of local value added: This is an objective. The aim is to use local raw materials and process them locally.
• C. Promotion of export-oriented industries: This is an objective. It helps earn foreign exchange and diversify away from oil.
• D. Promotion of import-oriented industries: This is NOT an objective. Nigeria's strategy is to reduce imports through import substitution, not to promote industries that depend on imports.
• E. Provision of economic and social infrastructures: This is an objective. Power, roads, water, and industrial estates support industrial growth.

Tip: In "EXCEPT" questions, look for the option that contradicts the national goal. Nigeria's industrial policy is about import substitution and export promotion, so anything promoting import dependence is the odd one out.