The baseline study on industrial upgrading and restructuring for enhancement of enterprise competitiveness was commissioned at the instance of the Raw Materials Research and Development Council of the Federal Ministry of Science and Technology. The study was of two parts, comprising Nigerian manufacturing enterprise performance survey and desk research on the competitiveness of the country at national, regional and continental levels. Comparative analyses were made of  performance of Nigerian industries and the Nation at large, based on the World Economic Forum competitiveness ranking and the World Bank Competitiveness Assessment report.