Abstract:
At these multinational corproations in Nigeria contribute one way or the other towards increasing the government Revenue – that is to say through paying of Taxes, Royalty- and production revenue accruing to share ownership. That most of these multinational Corporations in Nigeria engage in extractive industries rather than productive industries, among others. The researcher made a conclusion that Nigerians have a dependent economy in view of the fact that these multinational-Corporations have already bui lt strongholds in the various sectors of the economy, that equal ly the multinationals have tried their best in the development of Nigeria among others.Finally, the researcher recommended that the Government should lay emphasis on the training of the indegenes in some professionally skilled areas like the Oil sect or which is the exclusive reserve of the multi- nationals, Since Oil is the economic mainstay of this economy .we cannot afford to be dependent o~ the expatriates expertise every time . Furthermore, that the indigenisation Decree of 1972 should be given more force and the issue of profit of these Corporations be ploughed back to the business; among others as can be read in the subsequent chapters of this paper.
