Date of Award
International Affairs and Development Program
Hashim Gibrill, Ph.D.
This study concerns the impact of the New International Division of Labor on investment and employment in the manufacturing sector of the Nigerian economy. The study was historical in analysis, and the descriptive research design was employed. Primary and secondary data served as the sources of information in this undertaking. The internationalization of capital theory was developed as the underlying conceptual framework of the study. A questionnaire was administered to multinational and indigenous companies. A comparative analysis of the responses showed the respective companies' effects on the Nigerian economy, and the reasons for the tendency toward the New International Division of Labor (NEDL) in Nigeria. The hypotheses were measured by the following factors: 1. Level of employment generation. 2. Activity type of manufacturing. 3. Amount of training and manpower development provided in the economy. 4. Utilization of labor quality in industrial ventures. The following significant findings were observed: 1. Foreign industries do not encourage export manufacturing products to stimulate much-needed hard currency. 2. The NIDL generates employment opportunities in the Nigerian economy. 3. Higher wage rates offered by foreign companies to the labor market in Nigeria have no effect on availability of quality labor to the indigenous companies. 4. Nigerian workers are not given the training and skills needed to develop the self-sustaining economic growth and development of Nigeria.
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