The politico-economic position of multinational corporations: a Nigerian example

Abstract

This paper discusses a single project - a cement factor jointly owned by a state government and two multinational corporations, in order to highlight the actual working of multinational corporations. Admittedly, generalization cannot be based on a single Ct.se, but my intention is not to generalize, but to describe real situation at a level that it is too often neglected - local community and state level - when discussing multinational corporations. One of the objectives of this paper is to show the development process of the cement company and how the multinational corporations involved in this project have achieved a politico-economic position that ensures their indispensability for some time to come. Discussion of multinational corporations has always taken place within the framework of these too opposing views. These views depend on the conception of "development". The view of development is mainly in terms of GDP, and per ca-pita income, and then multinational corporations are likely to "be regarded as indispensable agents of development.