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Authors
Alobu Charles Worthson 1; Dr. Onuoha Perpetual Ijeoma 2
Department of Accountancy, Faculty of Management Sciences,
Ebonyi State University Abakaliki, Nigeria.
Department of Accountancy, Faculty of Management Sciences,
Alex-Ekwueme Federal University Ndufu-Alike Ikwo, Nigeria.
[email protected], [email protected],
09157053133, 07033548086
Abstract
Research Objectives: This study investigates the impact of cost control on manufacturing performance, with specific focus on Nigerian Breweries Plc., the largest brewing company in Nigeria, toward sustaining its profitability and long-term survival amidst constraints.
Methodology: The research adopts a case study design, relying on both secondary and primary sources of data, and evaluates how cost control measures influence efficiency, resource allocation, and profitability.
Findings: Findings from this study indicate that cost control practices such as standard costing, variance analysis, and budgetary control significantly influence the company’s ability to minimize waste, optimize resources, and maintain competitive advantage. However, numerous challenges hinder effective cost control in Nigerian manufacturing, including poor infrastructure, inconsistent government policies, inflationary pressures, and managerial inefficiencies.
Conclusion: The study concludes that while cost control provides measurable benefits to firms, sustainable results require a systemic approach that integrates both organizational discipline and enabling external factors.
Recommendations: Recommendations are made for strengthening internal financial discipline, adopting modern cost management tools, and improving Nigeria’s manufacturing environment through supportive government policies.
Key words: Cost control, manufacturing industries, Nigerian Breweries Plc., profitability, variance analysis, budgetary control, challenges.
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