MANAGEMENT OF WORKING CAPITAL IN MEDIUM SCALE INDUSTRIES IN NIGERIA
MANAGEMENT OF WORKING CAPITAL IN MEDIUM SCALE INDUSTRIES IN NIGERIA
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Date
1997-12
Authors
AMOS, ALOM CHUKWU
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Abstract
After many years of post independence, Nigeria has remained industrially and
technological backward. Efforts by past and present governments to correct this anomaly has not
changed the situation for the better. Many companies both privately and publicly owned including
government companies that looked promisingly viable have died prc-matuiely and those still
existing are merely struggling to survive. That management problem is one of the strong factors
responsible for this ugly situation is widely known and accepted by many. But what has remain
uncovered is that particular aspect (functional area) of management that needs to be fine - tuned
in order to bring about the desired result.
Of recent, much attention has been directed to the Human Resources and Marketing
Management of organisations. But not much attention has been paid to the study of working
capital management in particular beyond the theoretical knowledge Yet we know very well that
one of the problems that threatens the life of any organisation is the Liquidity problem (availability
of fund).
This study, therefore, is an attempt to examine the Nigerian situation of how our industries
have been managed through the management of the working capital using Zaria Pharmaceutical
Company as a case study. How it has affected our industrial growth in the past and what
lesson(s) we can learn for the future.
Great importance has for long been given to the expected return on investment in short
and long-term projects and lightly so, but the fact that inadequate planning of working capital
requirement can bring an otherwise profitable business to a close halt makes it more important
subject to be examined
Description
MASTERS IN BUSINESS ADMINISTRATION (MBA) THESIS
DEPARMENT OF BUSINESS ADMINISTRATION
AHMADU BELLO UNIVERSITY
ZARIA
DECEMBER, 1997
Keywords
MANAGEMENT,, WORKING,, CAPITAL,, MEDIUM,, SCALE INDUSTRIES,, NIGERIA: