Problems and Propect of Petroleum Marketing in Nigeria

UNITED NATIONS RESEARCH INSTITUTE FOR SOCIAL DEVELOPMENT DP 77 economic CRISIS, STRUCTURAL ADJUSTMENT AND THE COPING STRATEGIES OF MANUFACTURERS IN KANO, NIGERIA by Adebayo Olukoshi UNRISD parole Papers are preliminary documents circulated in a especial(a) number of copies to stimulate discussion and critical comment. September 1996 ? Preface Nigerias manufacturing sector has experienced major changes in production techniques, cut into relations, marketing arrangements and management practices, which raise questions about the future of industrial enterprise and the livelihoods of industrial employees. Despite the high industrial outgrowth judge that accompanied the petroleum boom of the 1970s, value added remained low for a number of key industries, which were often protected by an overvalued currency, tax barriers and state subsidies. The long recession and the economic stabilization programmes of the mid-eighties exposed the structural weaknesses of import-substitution industrialization, and forced manufacturers to devise a mannequin of heading and accumulation strategies to overcome the crisis. What these strategies are and their implications for industrial growth and sustainability constitute the subject of this discussion paper.

The study relies on political sympathies data, records of manufacturing companies and associations, as well as wide-ranging interviews of three groups of manufacturers â€" endemical entrepreneurs, Levantine manufacturers and Western transnational corporations â€" to analyse entrepreneurial responses. By focusing on the dynamics of individual and collective incorporated strategies, the study attempts to go beyond standard works that get it on with the effects of adjustment on industry, which have often been come to with technical issues: output growth, rates of investment or disinvestment, excavate absorption and productivity, value added and industrial competitiveness. Instead, the author uses data derived from the coping strategies of the three groups... If you want to get a full essay, lay out it on our website: Orderessay

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