THE PROBLEM OF WORKING CAPITAL MANAGEMENT IN THE MANUFACTURING INDUSTRIES IN NIGERIA: A CASE STUDY OF EMENITE LIMITED

ABSTRACT

 

          This study was embarked upon to ascertain problems  of working capital management in the manufacturing industries in Nigeria. The study has a total  of three chapter and first chapter titled the introduction started with preamble.

          The aims and objective of the study were duly light lighted in chapter one. The  objectives  of the study includes; to discuss how working capital are managed, t o discuss  the problems of working capital  management in the  manufacturing industries in Nigeria, it is likely to inform us of the avoidance of indebtedness in working capital management with the use  of determinant of adequate amount of working capital. And finally, to make recommendation on ways of strengthening the positive contributions  of manufacturing industrial sector to  the national economy.

          The more manufacturing industries management  working capital, the greater the tendency to reduce indebtedness.

          Also the significance of the study which include both the theoretical  and piratical significance explained.

         

Chapter two included the literature review. Here the earlier works of erudite scholars, theories and analysts and its relevance to the study were analyzed.

          Chapter three s where  the finding of the research were light lighted which included, that heavy working capital should  be invested in raw material for a firm  to continue in production. Indispensably, manufacturing industries should maintain good working capital cycle,  because it gives an in sight into the amount of cash investment required to finance current assets.

          I equally recommended that the study should  undertaken further and  that working capital  management should be the basis of granting loan to  any manufacturing industry if profitable investment is to be made. I also recommended and verified before credit for than is granted. I finally concluded the chapters and  the project by admonishing on the importance of utilizing the finding of the research.

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