Indigenous furniture companies is important not only for its contribution to
aggregate output, but also because of its significant role in the provision of
employment, the training of apprentice, the linkage of various sectors of the
economy, the revenue generation to government and the development of
entrepreneurial skills. It is in recognition of the above facts that many
countries of the world are being compelled to pursue deliberate policies aimed
at establishing and managing as well as investing in small-scale business
especially furniture manufacturing companies.
The study investigated the impact of indigenous furniture companies in Enugu. A
special reference to Ambrozing furniture Nigeria limited.
To carry out the study, data were collected from both primary and secondary
sources. The main data collection instruments is the questionnaire, the
technique of questionnaire administration is survey methods.
The data were presented in tables as frequency distribution and analysed with
percentage and frequencies.
The chi-square test of the significance was applied in testing.
TABLE OF CONTENT
CHAPTER ONE: Introduction
Background of the Study
Statement of the problem
Purpose of the Study
Scope of the Study
Significance of the Study
Limitations of the study
Definition of terms
CHAPTER TWO: Review of Related Literature
Meaning of indigenous companies
Financing indigenous companies in Enugu
A review of furniture manufacturing companies
Impact of indigenous furniture company in Enugu
Problems of Ambrozing furniture company
Government effort in promoting investment on indigenous companies
CHAPTER THREE: Research Design and Methodology
Area of the Study
Population of the study
Sample size and sampling procedure/technique
Instrument for data collection
Method of data collection
Method of data analysis
CHAPTER FOUR: Data Presentation and Analysis
Presentation and Analysis of data
Summary of results
CHAPTER FIVE: Discussions, Recommendation and Conclusion
Discussion of results/findings
Implication(s) of the research findings
Suggestions for further research
OF THE STUDY
Advance and developing countries sees indigenous companies as the
backbone of any country. Any country whose indigenous companies are neglected
is baseless because indigenous companies are the hope of ordinary people. Due
to how vital indigenous companies are in any economy, the indigenisation Decree
was promulgated to give indigenous companies the impetus to participate more
actively in the economic life of any country.
Indigenous companies especially
furniture manufacturing companies has played great impact on this economy of
this state. Its potential in economic development, the linkage of the various
sectors of the economy, the development of entrepreneurial skill, the training
of apprentice and provision of goods to which the state can import has been
yardstick for assessing the contribution of indigenous firms.
According to Soleye (1988:
p.15) states that “indigenous firms is seem as a credit for industrialization
and a pre-requisite for rapid economic growth”. On this note government adopted
deliberate policies aimed at encouraging the growth and development of
indigenous small-scale industries such as the establishment of Nigerian bank
for commerce and industry in October, 1973 to finance the process of
indigenisation of the economy.
The Ambrozing indigenous
furniture Nigeria Limited Enugu is a reputable furniture making establishment
which started as a sole proprietorship an later transformed as a limited
liability company in 1979 after incorporation.
The Ambrozing furniture company
provides such services as setting room equipment, executive beds and chairs,
kitchen units and upholstery. The company has contributed positively in the
improvement of Enugu economy. For instance in the area of job provision, job
training apprentice scheme, participation in workshop and participation in
trade fair exhibition.
OF THE PROBLEM
Indigenous companies are seen as the major backbone of any economy
through the provision of service which the multinational companies cannot
satisfy to the people. Inspite of this, indigenous companies has suffered a lot
of set back ranging from poor attitude of people towards indigenous products,
insufficient capital etc.
The task to make indigenous companies what it should be requires
educating the people on the need to help the government to realize her dreams
towards indigenous companies.
The problem of this research work is to understand the impact of
Ambrozing furniture Nigeria Limited Enugu in Enugu’ economy and how adequate it
is in Enugu.
1.3 PURPOSE OF THE STUDY
The present state of Enugu economy calls for the development and
enhancement of companies especially indigenous furniture companies, since they
are the spring-board for industrialization. This study intends to find out!
(a) The economic impact of indigenous furniture
companies in the state.
(b) To identify the various factors for investing in
the small-scale indigenous companies in particular manufacturing companies.
(c) General problems of indigenous furniture companies
in the economy.
1.4 SCOPE OF THE STUDY
The scope of this study covers the impact of indigenous furniture
companies of Enugu economy in Ambrozing furniture Nigeria Limited Enugu.
1.5 RESEARCH QUESTIONS
(i) Has Ambrozing furniture creates great impact on
(ii) Has it encouraged individual participation in
local furniture manufacturing
(iii) Has it increased the chances of small-scale
entrepreneurs to invest an indigenous furniture companies.
(iv) Has it encourage the expansion of indigenous
furniture companies in Enugu.
1.6 SIGNIFICANCE OF THE STUDY
There has been a very high increase in graduate unemployment in
this state and every year batches of new graduates are pushed into the labour
marked to swell up the unemployment level.
However, the establishment of indigenous companies will enable
unemployment situation among the graduates and others to reduce. By providing
opportunities for more graduates and individual’s to be employed as against
what will happen in future.
1.7 DEFINITION OF TERMS
The following terms in this study the terms used is taken to mean
INDIGENOUS COMPANIES: These are companies entirely owned by Nigerians.
FURNITURE: All these things such as chairs, tables, beds, desks
etc needed in the house, office, hotels etc, especially those that can be moved.
UPHOLSTERY: This is the process of covering a wood with a textile
materials such as foam, cloth etc.
MORTEST: This is the process of making a hole on a wood by a
TENOUR: Tenour is defined as making a shape that will enter the
hole made in the wood thereby producing a joint.
TERMS AND CONDITIONS APPLY
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