An Assessment of Investment in Technology in Cocoa Processing Industry in Nigeria
Abstract
The paper assessed the investment in technology in cocoa processing industry in Nigeria The study was carried out in six cocoa processing organizations. Questionnaire technique supplemented with oral interview of officials of cocoa processing organisations were used for the study. The data collected were analyzed using descriptive and inferential statistics. The findings revealed that despite the substantial investment in technology by cocoa processing companies, there were low capacity utilizations in the industry due to lack of adequate working capital to stock pile cocoa beans.
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ISSN (Paper)2222-1700 ISSN (Online)2222-2855
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