Home » Business Admin. and Management » THE EFFECT OF UNBRIDLE IMPORTATION ON INDIGENEOUS INDUSTRIES
THE EFFECT OF UNBRIDLE IMPORTATION ON INDIGENEOUS INDUSTRIES
Sold By: Joe Project Store | Item Type: Project Material | Report this? | Attributes: 65 pages | 1-5 chapters | Amount: ₦5,000 | Marked useful: 3,144 times
Delivery: Within 24 hoursCHAPTER ONE
INTRODUCTION
1.1 GENERAL BACKGROUND TO THE
SUBJECT MATTER
The President of Manufacturing Association of Nigeria, Rufus Giwo (2000: p.16) defined industry thus: “Industry, particularly, manufacturing, is the motive force for development. In fact industrialization is more than engine of growth. It is also the catalyst for technological, financial and socio-economical advancement”.
Trade, and more specifically foreign trade have astronomically been instrumental in man’s bids towards betterment of his life on earth. Today, we can enjoy and make use of automobiles made in far away Japan as if they grow in our gardens. Other artier as which we cannot dream of producing even in the next millennium liters our markets as if they were going out of fashion. All these are courtesy of foreign trade and broadly on one of its two-pronged division; “importation”. A very important concept it is, but like a two-edged sword. It can destroy if not carefully handled.
A study on how foreign products crowd our market, and how our local industries are wise-divine into oblivion show that we are already receiving a fair dose of rough handing under the sharp clones of this excessive importation.
“The Nigeria trade journal” of March/April 1980, analyzing our trade statistics put the local of beer and stout importation atN7,562,315 people shouted and rose dust over it that it is excessive, but what have we to say today that people zoom off from the country just to import too the picks and toilet tissues?
The millions of graduates that our academic institutions turn out annually have their faith hanging over the balances with hands supporting their cheeks and all hope on divine intervention. They helplessly watch as our few industries fold up in their hundreds.
Retrenchment and counter retrenchment of workers have become so common at the few existing ones battle to break even and remain in contentious. Consequently, unemployment and poor standard of living cannot be more adventurous.
An idle man they said is the devils tool. Coupling with the fact that both ends must meet arm-robbery. Corruption and other social vices exert dominion. Hence our country cannot help winning the inglorious “most corrupt country” award in the year 2000.
This material content is developed to serve as a GUIDE for students to conduct academic research
Delivery: Within 24 hours
Advertise Here
Not what you were looking for? Perform a search
What's your project topic?
Comment on Facebook:
Related Project Materials
- 1.
UNVEILING AND ADDRESSING THE FACTORS IMPEDING THE IMPLEMENTATION OF MONETIZATION POLICY IN NIGERIAN ...
CHAPTER ONE INTRODUCTION 1.1 Background of the Study In recent years, governments worldwide have been striving to implement strategies aimed at imp...More »
Item Type: Project Material | 54 pages | 341 engagements |
- 2.
THE IMPACT OF INVENTORY MANAGEMENT ON THE ORGANIZATIONAL PERFORMANCE OF THE SELECTED MANUFACTURING F...
CHAPTER ONE INTRODUCTION Background of the study Historically, the necessity of inventory control was not recognised. Indeed, an abundance of inven...More »
Item Type: Project Material | 54 pages | 295 engagements |
- 3.
THE EFFECTS OF CASHLESS POLICY ON THE FINANCIAL PERFORMANCE OF SMALL AND MEDIUM ENTERPRISES IN NIGER...
CHAPTER ONE INTRODUCTION 1.1 Background to the Study Employment creation is one manner in which small and medium sized businesses can contribute to...More »
Item Type: Project Material | 54 pages | 332 engagements |
- 4.
MONETIZATION REFORM POLICY AS A PREDICTOR OF STAFF PERFORMANCE ON THE PUBLIC SECTOR OF NIGERIA
CHAPTER ONE INTRODUCTION 1.1 Background of the Study People working for the government are regarded as permanent employees of the many government a...More »
Item Type: Project Material | 54 pages | 158 engagements |
- 5.
LEADERSHIP STYLES AS CORRELATE OF ORGANIZATIONAL PRODUCTIVITY; AN ASSESSMENT OF EMPLOYEES IN THE BAN...
CHAPTER ONE INTRODUCTION 1.1 Background of the Study One essential leadership function is inspiration, which involves motivating a group of individ...More »
Item Type: Project Material | 54 pages | 199 engagements |
- 6.
INVESTIGATING THE CHALLENGES AFFECTING THE EFFECTIVE IMPLEMENTATION OF MONETIZATION POLICY IN GOVERN...
CHAPTER ONE INTRODUCTION 1.1 Background of the Study The Monetization Policy, which was implemented in the Nigerian Public Service in 2003, marked ...More »
Item Type: Project Material | 54 pages | 177 engagements |