Re-engineering indigenous medium scale enterprises: strategic action against corporate euthanasia in Nigeria

The condition of indigenious medium scale enterprises (IMSE) in Nigeria is very critical and beyond mere financing. The aim of this study is to assess the state of affairs of IMSE in order to establish the odds that exist as well as the ideals that are lacking. Data were collected from fifty commercial or industrial organizations in the cities of Lagos, Enugu, and Port Harcourt, generally regarded as the commercial nerve centres of Nigeria. Quantitative analysis of the data indicates that IMSE in Nigeria are ailing and failing because of poor resources administration, lacking managament quality and production innovation, and general environmental insensitivity. The study concludes that re-capitalization is not all there is, and that attention should be given to expertise and commitment of human resources and development of personnel. Bibliogr. [ASC Leiden abstract]