Multinational Corporations and the Nigerian Economy

The paper seeks to examine the activities of Multinational corporations (MNCs) in Nigeria and how it has influenced the Nigerian economy. Specifically, it analyses how MNCs has served as agents of imperialism in any economy where they operate. Most economists believe that the MNCs are exploitative as natural resources found in developing countries such as in Nigeria meant for its development are not productively utilized due to de-capitalization of the economy in form of profit repatriation. It argues however that in spite of the negative activities of MNCs however, they contribute positively in the areas of technological development and creation of employment opportunities. The paper sorts out to examine the nature, objective and operations of MNCs in the Nigerian economy.