This study examined the effect of the cost reduction and control technique on the performance of firms in Nigeria. This work has been arranged in a chronological order and is divided into chapter which shows the effect of reduction and control techniques in Nigeria,. The research work 13 made up of basically, five chapters with title page, certification, dedication and abstract, preceding the five chapters, chapter one focuses on background of the study statement of hypothesis, limitation. Chapter three emphasizes on the research methodology, method of data collection, sampling techniques and population of the study. Chapter four took a critical look at the presentation and analysis of data, testing of hypothesis and conclusion based on analyzed data. Finally chapter five focuses on the findings, conclusion and recommendations.