THE PROBLEMS OF MANAGEMENT OF A RECESSIONARY ECONOMY

In recent years, the rate of business liquidates and winded up has increased tremendously. In Nigeria, the last ten years witnessed winding up of banks & other multipurpose firms. These recent change has be unfortunate development has created lack of trust on the side of the investors. Investors had lost millions of Naira in these liquidated businesses. Furthermore foreign investors have turned their back of Nigeria economy owing to fear of business Falian these led to acute unemployment low productivity & non payment of dividends to the share holders to this end a study towards solving this problems is indeed a welcome development.