THE EFFECT OF UNCONTROLLABLE IMPORTATION IN OUR SMALL SCALE INDUSTRIES (A CASE STUDY OF NIGERIA BREWERIES PLC)

THE EFFECT OF UNCONTROLLABLE IMPORTATION IN OUR SMALL SCALE INDUSTRIES (A CASE STUDY OF NIGERIA BREWERIES PLC)

ABSTRACT

This type of research work is synonymous with a historic types or research because it deals with the studying, understanding and explaining past events so a conclusion could be drawn concerning the causes effect or trends of past occurrences that may help to explain present events and anticipated future events. This research work is purely based on importation in our small industries. The researcher took a critical look into the historical development of our small scale especially the importation in our small scale. This will has three chapters.

Chapter one contains the introductory part of the uncontrollable importation it went future to finally the definition of terms.

The past related literature as it relates to importation in our small scale is high liquidated in chapter two.

Finally, the summary of finding conclusion and recommendation made by the research are al in chapter three.

CHAPTER ONE

INTRODUCTION

1.1              GENERAL BACKGROUND OF THE SUBJECT MATTER

The president of manufacturing association of Nigeria, Rufus Giwa (2000.P16) defines industry thus “Industry particularly, manufacturing is the motive force for development. Infact, 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 gradens. Other articles which we can’t 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 prolonged division. “importation”. A very 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 those divine into oblivion show that we are already receiving a fair dose of rough handling under the sharp claws of his excessive importation.

“The Nigeria trade journal” of March/April 1980 analyzing our trade statistics put the total of Beer and Stout importation at N7,562,315. People shouted are rose dust over it that it that it is excessive  but what have we to say today that people zoom off the country just to import tooth picks and toilet tissues?

The millions of graduates that our academic institutions turn out annually have their fate hanging over the balance. With hands supporting their checks, and all hope on divine intention they helplessly watch as our few industries fold up in their hundreds retrenchment and counter retrenchment of workers have become so common as the few existing ones battle to break even and remain in contention.

THE EFFECT OF UNCONTROLLABLE IMPORTATION IN OUR SMALL SCALE INDUSTRIES (A CASE STUDY OF NIGERIA BREWERIES PLC)