The Impact Of Computerization In The Growth Of Nigerian Economy (A Case Study Of Solive Oil Manufacturing Company Nigeria Limited)

The Impact Of Computerization In The Growth Of Nigerian Economy (A Case Study Of Solive Oil Manufacturing Company Nigeria Limited)

Chapter One

Preface

Nigeria, like utmost developing countries is an “ Information poor ” country. utmost of Nigeria’s wealth and power comes from the control of physical means- land, oil painting, iron sword, coale.t.c But in the 21st century, this can not continue to be. The main source of value and competitive advantage in the new frugality is mortal and intellectual capital. With a present population of about 150 million people, Nigeria in proposition has the capacity to make a successful transition into a truly knowledge driven frugality.

Details Of The Proposed Study

For the purpose of this report or rather, design, the term “ Information technology ” shall be espoused to include all computer grounded conditioning that decide from the coincident disciplines of microelectronics, calculating and telecommunications and that have led to the reorganization of the processes of product, distribution and rotation in Nigerian society.

With Solive oil painting manufacturing company Nigeria limited, one of similar product companies specialized in oil painting product will have to take note that instigative trends are sweeping across the world. In advanced economics “ knowledge ” is fast getting a strategic asset for profitable development. Technological advances and globalization are gathering pace. Advances in information and communication technology are being on a tremendous scale and every association looking to ameliorate with great invention must key in.

RECITATION/ PROBLEM ASSOCIATED WITH THE CASE STUDY

The problem associated with Solive oil painting manufacturing company is similar that shouldn’t be taken smoothly. According to one of the staffs canvassed , utmost of problems are caused by utmost of problems are caused by mismanagement of finances. This has come a general problem ruling in the Nigeria society moment, beginning from the civil government down to the privatesector.However, the operation must act with strict polices similar that would put a check to every exertion and abuse of company finances, If Nigerian frugality is to ameliorate.

Other problems associated with the case study are listed below

v shy programs that would put a check to conditioning on point and on operation as well,

v Lack of specialized know- style in the 21st century where computers are used to make jobs easier and briskly, numerous of the staffs has not the knowledge to operate and ways to work in similar fields.

v shy training of hand

v shy safety accoutrements and training

All of which sum up a great deal of let down in product and enhancement in strategies of work. Without taken a good look into these problems, the Nigerian frugality will grow.

Purpose Of The Study

The purpose of the study hovers around relating all or some of the problems associated with information technology and communication in Solive oil painting manufacturing assiduity as to the growth of Nigeria’s frugality, and seeking ways to change this problems so as to ameliorate the country’s frugality, since ITC relinquishment is one of the crucial factors fueling profitable and community development both in the civic and pastoral areas of the country.

Exploration Questions On The Study

To ameliorate on the poor situation of the Nigerian frugality using Solive oil painting as a case study, one needs to ask oneself several questions some of which are

Ø What’s meant by frugality of a country?

Ø What’s the significance of a good frugality?

Ø How can one affect an frugality appreciatively?

Ø What’s information communication and technology?

Answers To The Above Questions

What’s meant be frugality of a country?

The frugality of a country is meant by the relationship between product, trade and the force of plutocrat on a particular country.

What’s the significance of a good frugality?

The significance of a good frugality is that there would be a better life in the aspect of low cost of living.

How can one affect an frugality appreciatively?

An frugality can be affected appreciatively if one can descry the cause of its profitable problems. utmost profitable problems or a better frugality is substantially affected by its small scale business sector.

What’s information communication and Technology?

Information communication and Technology is defined in the document “ Interactive Education An Information and Communication Technologies Strategy for seminaries ” Ministry of Education, 1998) as “ Information Technology( IT) is the term used to describe the particulars of outfit( hard earthenware) and computer programs( software) that allows us to pierce, recoup, store, organize, manipulate and present information by electronic means.

Communication Technology( IT) is the term used to describe telecommunications outfit through which information can be sought and penetrated.

Significance Of The Exploration

Nigeria has presumably taken care of the topmost political chain facing it since independence by putting in place a democratically tagged government. still, the time is now ripe to shift emphasis onto commodity inversely important. To bring lasting peace, profitable freedom and substance to its people.

Nigeria needs a change of direction. The forces of change outside Nigeria are drawing the need for change within it. thus to maintain itself on a pace with the test of the world and to be suitable to contend successfully in the fast moving world frugality, Nigeria has to radically reform itself.

Range Of The Study

The range of the study includes all aspects of profitable product down to the educational sector, artificial sector, husbandry, terrain, commerce and assiduity and other aspects including the development of the pastoral and enhancement on civic areas of the country.

The range of study demanded to be wide because unlike UK and US, Nigeria is far before.

Limitation Of The Study

The design work was limited greatly by the following factors

ü Time Constraint The time available to carryout this clumsy design was short as a result of a perfect work was hundred but the result and achievement of the work was estimable.

ü fiscal constraint To accomplish a design this type, plutocrat is needed, which was set up delicate to raise at some point of the exploration work.

ü Inadequacy of information The operation of Solive Oil Manufacturing company weren’t collaborative, thereby making the gathering of information on the company delicate.