Foundations Of A New Nigeria

This text captures within a single volume a wide,range of themes that underline the foundations of,modern Nigeria, notably nationalismconstitutional development, politics and,government, economy, culture, ethnicity and,religion. A comprehensive compendium of,the colonial history of Nigeria, this book,combines an interdisciplinary framework of,analysis with critical discourse to produce a,unique and fresh interpretation of colonial,history as a whole.

Laying the Foundation for Nigeria’s Democracy: My Account of June 12, 1993 Presidential Election and Its Annulment is a factual, gripping, and compelling insight into the most authentic analysis and explanation of the nation’s political environment under which the June 12 election was held and how the result was tragically annulled, even as it was accurately adjudged as the freest and fairest in the history of the country. The theoretical thrust deals with the crux of the problems that face the task of nation-building in Nigeria which is legitimacy. Prudently, the author examines how the Nigerian leadership tends to attract legitimacy and its acceptance from the generality of Nigerians. He documents the centrifugal and centripetal forces that combined in the various ways to shape as well as influence President Babangida’s transition program. The program is analyzed and compared with the previous transition program, and the process, its special features like its phased nature and its inbuilt learning process are identified. Professor Humphrey Nwosu concludes the book by stating unequivocally that Nigerians found a great deal of opportunity for real and genuine democracy during June 12 presidential election and they grabbed it. The outcome of the election and its annulment had whetted the appetite of both the majority and the minority ethnic groups of Nigeria. There is therefore a burning desire for equality, fairness and freedom for all Nigerians. Suggesting how Nigerians can solve their present political problems, he reiterates that the June 12 presidential election lays a strong foundation for democracy in Nigeria, and also maintains that June 12, 1993 election was indeed the Real Democracy Day in Nigeria while May 29, 1999 was its offshoot. This broad-ranging book of stimulating account is commended to students of political science, political leaders, democrats, all public office-holders as well as independent readers having the interest of Nigeria’s development at heart.

First Published in 1980, The Foundations of Nigeria's Financial Infrastructure presents a comprehensive overview of different aspects of Nigeria’s financial developments. Divided in five parts this book brings twenty-one chapters dealing with themes like Nigeria’s traditional financial system; fundamental problems of banking in Nigeria; the banking system and the financial market; aspects of public and private sectors’ finance; revenue allocation in Nigeria; Nigerian currency system; Nigeria’s balance of payments and external liquidities; development in Nigeria’s external assets, and Nigeria and the International Monetary Fund, to showcase the catalytic role of the financial system in economic development. This volume will be useful for scholars and researchers of public finance, finance, economics, political economy, development economics and development studies.

What is the relationship between internal development and integration into the global economy in developing countries? How and why do state–market relations differ? And do these differences matter in the post-cold war era of global conflict and cooperation? Drawing on research in China, India, and Russia and examining sectors from textiles to telecommunications, Micro-institutional Foundations of Capitalism introduces a new theory of sectoral pathways to globalization and development. Adopting a historical approach, the book's Strategic Value Framework shows how state elites perceive the strategic value of sectors in response to internal and external pressures. Sectoral structures and organization of institutions further determine the role of the state in market coordination and property rights arrangements. The resultant dominant patterns of market governance vary by country and sector within country. These national configurations of sectoral models are the micro-institutional foundations of capitalism, which mediate globalization and development.

Nigeria is Africa's most populous country and the world's eighth largest oil producer, but its success has been undermined in recent decades by ethnic and religious conflict, political instability, rampant official corruption and an ailing economy. Toyin Falola, a leading historian intimately acquainted with the region, and Matthew Heaton, who has worked extensively on African science and culture, combine their expertise to explain the context to Nigeria's recent troubles through an exploration of its pre-colonial and colonial past, and its journey from independence to statehood. By examining key themes such as colonialism, religion, slavery, nationalism and the economy, the authors show how Nigeria's history has been swayed by the vicissitudes of the world around it, and how Nigerians have adapted to meet these challenges. This book offers a unique portrayal of a resilient people living in a country with immense, but unrealized, potential.

Nigeria, Africa’s most populous and biggest democracy, celebrates her fiftieth year as an independent nation in October 2010. As the cliché states, ‘As Nigeria goes, so goes Africa’. This book frames the socio-historical and political trajectory of Nigeria while examining the many dimensions of the critical choices that she has made as an independent nation. How does the social composition of interest and power illuminate the actualities and narratives of the Nigerian crisis? How have the choices made by Nigerian leaders structured, and/or have been structured by, the character of the Nigerian state and state-society relations? In what ways is Nigeria’s mono-product, debt-ridden, dependent economy fed by ‘the politics of plunder’? And what are the implications of these questions for the structural relationships of production, reproduction and consumption? This book confronts these questions by making state-centric approaches to understanding African countries speak to relevant social theories that pluralize and complicate our understanding of the specific challenges of a prototypical postcolonial state. This book was published as a special issue of the Journal of Contemporary African Studies.