The desire of every national producer is to minimize the resource invested to achieve a desired objective thus at any point in time he should be devising ways of minimizing the  cost of achieving the desired benefit. 

This situation is equally relevant to organization of any kind whether profit oriented on nonprofit oriented and therefore make it imperative for every organization especially the profit oriented ones not to stop at controlling the use of resources to conform with established standards but should also  make spirited attempts to continuously minimize cost without impairing the quality of  their  products. The need for manufacturing companies to be conscious of the above need has been magnified by the fact that Nigeria economy is experiencing an era of astonishing rate of inflation despicable how exchange rate requiring reports of grossly low capity utilization and the inter play of some other very powerful extraneous variable which makes the business environment very inclement. These are the cries of mangers. Sectioning through the streets of industry and commerce saying Nigeria is passing through a difficult period, everything possible must be done to every one  in position to do so , to assist the economy in making a quick recovery. One way of heading these glariot calls    by mergers off companies is the adoption of cost minimization strategy aimed at improving efficiency.