Abstract
ABSTRACT This study critically examines the role of multinational corporations in the global competitiveness of Nigeria. The primary purpose is to make a modest contribution to the debate on Nigeria's competitiveness in the emerging global economy. This study recommends the redefinition of national development goals and reorientation of the focus of MNCs toward such goals. Future industrial policy will need to address the following areas: (1) Promoting competitiveness, especially improving technological capabilities in a market economy; (2) Shifting the incentive structure strongly towards export orientation; (3) Helping import-substituting industries to restructure and upgrade their technologies and skills; (4) Investing in infrastructure, education, training and technological support services; and (5) Promoting regional cooperation to enlarge markets.
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