THE INFLUENCE OF MULTI-NATIONAL COMPANIES IN THE ECONOMIC DEVELOPMENT OF NIGERIA (A CASE STUDY OF GUNINNESS NIGERIA PLC)

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ABSTRACT

The main focus of this research work is to examine the influence of multi-national co-operations in the economic development of Nigeria. MNC’s are agent of development in the sense that they constitute the source of capital investment, employment for the people, technological transfer etc. However, many detest their existence because they are agents of exploitation of the people they came to develop. In this regard, the objectives of this work is to ascertain the extent of involvement of multi-national co-operations in the economic development of Nigeria using indices like employment provision, transfer of technology and to determine the political, socio-economic implications of their existence in Nigeria. All these were discussed in the chapter one. In chapter two, related literatures were reviewed. The literature encompasses people’s view on the activities of multi-national corporations. Chapter three consists of research design and methodology. The sources of data used were primary and secondary data. The primary sources include the use of oral interview and questionnaire while newspapers, journal, textbooks, symposia were sources of secondary sources. In chapter four, the information collected were presented. In chapter five, the recommendation made, is that Nigeria should develop her own indigenous technology that will aid her in her search for economic development.

TABLE OF CONTENTS

Cover Pagei

Title pageii

Approval pageiii

Dedicationiv

Acknowledgementv

Table of Contentsvi

Abstractvii

CHAPTER ONE

INTRODUCTION

1.1Background and need of the study1

1.2Statement of the Problem6

1.3Purpose of the study7

1.4 Research Questions7

1.5Significance of the study7

1.6Scope and limitations of the Study 9

1.7Definition of Terms11

References

CHAPTER TWO

2.1REVIEW OF RELATED LITERATURE14

2.3Schools of Thought about the Multinational

Company the Radical Thinkers 17

2.4 The concept of economic development26

2.5The role of Multinational Companies

in economic development of a nation29

2.6 Economic Influence Of Multinational Corporation41

2.6The Negative Effect44

2.7Political Implication Of Multinational 44

Reference

CHAPTER THREE

Research Design and Methodology

3.1Design of the study 49

3.2Location of the study 52

3.3Population of the study 53

3.4Statistical Determined Sample Size54

3.5Sampling Techniques 58

3.6Instrumentation59

3.7Validity of the Instrument 59

3.8Data Collection 61

3.9Method of Data Analysis 62

3.10Instrument Return Rate63

CHAPTER FOUR

PRESENTATION, ANALYSIS, AND INTERPRETATION

4.1Presentation, Analysis, and Interpretation65

4.2Data Analysis 65

CHAPTER FIVE

5.1Summary of Findings77

5.2Recommendation 79

5.3Implication 81

5.4Conclusion83

Bibliography

Appendix

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THE INFLUENCE OF MULTI-NATIONAL COMPANIES IN THE ECONOMIC DEVELOPMENT OF NIGERIA (A CASE STUDY OF GUNINNESS NIGERIA PLC)

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