Multi-National Corporations (MNCs) and Economic Relevance of Road Construction in Nigeria: A Critical Assessment of the Role of Julius Berger PLC, 2015-2024

The emphasis on roads as facilitators of transportation in the economy of any nation-state globally cannot be ignored. Roads are fundamental infrastructure that drives the economy; hence, the need to continually engage in road construction; and failure to do so may result into economic comatose. This study assessed critically road construction in Nigeria and Julius Berger, a Multi-National National Corporation (MNC) and a Public Liability Company (PLC). Internationalization theory as propounded by Dunning (1977) was employed for this study. Primary method of data collection was adopted for the study. The findings revealed that there has been lack of substantial cooperation between the party that is tied to funding road construction, on one hand and the party that builds concrete road, across the Nigeria-State. Also, the two parties have not reviewed their actions over the years concerning their obligations in the context of this subject-matter. The study therefore concluded that unless deliberate efforts are made by both parties to reach compromises on the contending issues raised, the issues might continue to rear their ugly heads. Consequently, the study recommended that there should be maximum cooperation between the two parties in considering the issues before them with the bid of meeting their separate obligations with respect to road construction in Nigeria. Secondly, government and Julius Berger PLC should review their actions to pave way for long-lasting economic framework in the country. Received: 11 November 2025 / Accepted: 28 December 2025 / Published: January 2026