Appraisal Of The Problems And Prospects Of Purchasing In Small Scale Business In Nigeria

CHAPTER ONE 1.1 INTRODUCTION After about a decade and a half of adopting an industrialization strategy based on large-scale industries, mostly of the assembly type, Nigeria has failed to achieve industrial development. The large-scale industries, which were setup, tended to be capital intensive and in appropriate, given the country’s resources endowment. Their capital equipment and technical manpower have continued to be largely imported. As a result, the triple objective of setting up large-scale industries namely:1. Achievement of high level employment 2. Local sourcing of raw materials. 3. …