The world economy presents opportunities for learning about developing economies, as they strive to attain a place of reckoning in the global market. This article, through salient themes from recent archived survey reports and interviews, exploration of relevant literature, and descriptive analytics presents a review of Nigeria's manufacturing and agricultural sectors. Thus, an approach which offers a synthesis of contemporary expert opinions, lessons from emerging market economies, and clear‐cut submissions from literature, which could enhance the competitiveness of these sectors. Amidst our findings, the operational strategies and ultimately industry/policy initiatives suggested include inward sourcing, strategic partnerships (both in sourcing and localization) and fiscal incentives among several possible milestones that could be explored to have the country prominent on the global industrialization map.

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