The Impact of Multinational Corporations On Nigeria's Economy

A Multinational Corporation is an enterprise that manages production or delivers services in more than one country. By this definition, Multinational Corporations are expected to assist in the socio-economic development of the country where their businesses are striving through job creation, technology transfer and social responsibilities as appropriate. Most Multinational Corporations have failed in the development of the third world countries as elaborated in this book making reference to Peugeot Automobile and the Nigeria's economy. The Impact of Peugeot Automobile Nigeria as a case study was assessed and both the positive and negative impacts were enumerated.