Evaluating The Growth Challenges Of Indigenous Companies In Nigeria

CHAPTER ONEINTRODUCTION BACKGROUND OF THE STUDY One of the major economic backwardness of the most third world countries like Nigeria is the over prolonged sojourn of private foreign divestment in them.    The predatory exploitative orientation and activities of foreign monopoly capital, it inherent tendency to resist and hamper local industrialization and to perpetuate merchant capitalism and its determination and deliberate efforts to retard the growth of endogamous entrepreneurship all this have heavily influenced Nigeria economic history for well over a century. This foreign dominance of c…