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Paper Topic:

As a Management Consultant and taking the construction of Nigeria's New Capital City of Abuja as a Case Study, Identify the reasons why Indigeneous Construction Companies are failing and how to revive such businesses.

Running Head : Indigenous Construction Companies of Abuja , Nigeria

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As a Management Consultant and taking the construction of Nigeria 's New Capital City of Abuja as a Case Study , Identify the reasons why Indigenous Construction Companies are failing and how to revive such businesses

Introduction

The construction sector is among the oldest global economic sector and construction multinational companies (MNCs ) from developed countries form a sophisticated and well developed presence in many countries . The MNC 's especially develop quality infrastructural facilities in

br developing countries such as Nigeria . Nigeria 's construction industry is supposed to be of tremendous significance especially on the industry 's impact on employment provision , opportunities and economic growth (Cypher Dietz , 2008 . The construction industry can contribute a significant percentage to Nigeria 's annual gross domestic product and also to the total fixed capital investment . Moreover , the construction expenditure account contributes over 50 percent of the government 's expenditure (Ogunsemi Jagboro , 2006 . Therefore , there is need to ensure the success of the construction companies in Nigeria Nevertheless , the state tries to make sure that the success is achieved but recently , Nigeria has been recording low performance of the indigenous construction firms . On the other hand , the multinational construction companies are performing better and patronized more as compared to the indigenous companies . The indigenous construction companies on their part are growing at level rates that are too low to compete with the multinational companies . Indigenous firms should set a lead example in contribution to their...

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