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Multinational Corporate Strategies: The Case of Nigeria

In: Management Problems in Africa

Author

Listed:
  • C. N. S. Nambudiri
  • O. Iyanda

Abstract

The oil price increase in December 1973 put the member states of the Organisation of Petroleum Exporting Countries (OPEC) in a very striking position in terms of a sudden increase in foreign exchange resources available to them. Multinational corporations have found in the sudden and dramatic increase in wealth of these countries, a major new opportunity for trade and investment. The sudden accumulation of wealth by these countries has also placed their governments, for the first time, in a stronger position vis-à-vis the operations of multinationals. The focus of this paper is on the resulting changes in policies towards multinationals and the corporate strategies of multinationals themselves, with reference to one country of the OPEC group, namely Nigeria.

Suggested Citation

  • C. N. S. Nambudiri & O. Iyanda, 1986. "Multinational Corporate Strategies: The Case of Nigeria," Palgrave Macmillan Books, in: Ukandi G. Damachi & Hans Dieter Seibel (ed.), Management Problems in Africa, chapter 4, pages 89-100, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-05478-7_4
    DOI: 10.1007/978-1-349-05478-7_4
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