Management Of The Nigerian Economy Under Democratic Administration

Leadership and Governance is a collection of essays on political economy, leadership and governance, and corruption and community development, as well as on information technology and education. This book, thus, presents a broad overview of the major problems facing the Nigerian economy. Towards that, the contributors highlight the relationship between good leadership and governance and the economic health of Nigeria as they explore the forces for a meaningful change in the polity. This book asserts that political leaders in Nigeria should be held to a higher standard of leadership and governance in order for the economy to grow and develop for 'common good'. Nigeria's educational system is the foundation for its national development. But this is impossible without investing in human capital (education and health), fixing the existing dilapidated infrastructure and institutions and acquiring technological capability that drive the economy. The power of productivity of the Nigerian economy cannot rise above the quality of its leadership, governance and graduates. Today Nigeria's young democracy is in a state of uncertainty because of ineffective leadership and governance as well as lack of accountability. Since all the essential factors are missing in Nigeria's scheme of affairs, its economy as well as the democracy transition will continue to choke and stagnate. There are myriad ways to reform the Nigerian educational system, improve its quality of graduates and the state of the economy. But closing the nation's higher institutions for five months on the pretext that there is no money to meet teachers demands is not a way to improve the state of education and its weak economy. The trouble with Nigeria's democracy is that the people do not get the type of government they want. For instance, praying to God only, as President Goodluck Jonathan often does, to rescue the nation from its challenges is not by any means a strategy to solve Nigeria's socioeconomic and political problems. His administration needs to adopt a long-term strategy for creating a learning culture to improve the state of education and the security situation so as to tackle its development challenges. This includes motivating the teachers, treating them as professional they really are, and providing them with the tools to effectively educate the youths. Like the Nigerian economy without functional infrastructure and institutions, the leaders cannot strip the teachers of the tools they need to perform their duties and expect them to perform miracles. New challenges require new paradigms. The political leaders should adopt new, effective and innovative methods to meet the needs of the economy, the rapidly growing population and the ethno-religious and politically dynamic society. This book posits that without a paradigm shift in values, beliefs and thinking on ways to reform the Nigerian educational system, as well as to invest in the commanding heights of the economy, its educational system and the economy would remain prostrate with its attendant catalogue of human misery.

The main theme of this book is to provide a critical analysis of the "Nigerian dependent management and leadership development in the post world war II colonial Nigeria". (1945-to-1960) and beyond, using foreign fi rms-global/multinational and transnational corporations; U.A.C., SHELL, NNPC and OPEC. All these foreign fi rms have their parent companies resided in their foreign countries of origin (advanced metropolis) and have their subsidiaries or peripheries all over the global communities of under¬developed and developing economies. Paradoxically, the book was generated by on-going political, economic concern and controversy with the fate of the struggle and quest for economic liberation in the third world-under-developed and developing countries of Africa, with direct specifi c studies of the "Nigeria dependent management and leadership development", predates, from 'pre and post' colonial era of the British colonial rule in Nigeria. The book further focuses, elicits and elucidates the third world dependent development. International Political Economy and Global/Multinational-Transnational Corporations, economic and political roles in Nigeria's 'agricultural and oil' base economic factors, by using Nigeria raw materials/natural resources to produce into fi nished products. The profi ts maximization, surpluses and heavy taxation realized through levied and derived from the genesis of the raw materials, making it into complete fi nished products, from the subsidiary country Nigeria, by the British global/multinational corporations of (U.A.C.) the United Africa Company, on the poor peasantry/farmers were been appropriated, expropriated back to the U.A.C's parent company in the United Kingdom's ministry of food and supply. The other raw materials/natural resources of the crude petroleum/oil manufacturing economy were been monopolized by the "SHELL" Oil Royal Dutch of Netherlands and British "SHELL" post emerged, based on the concession signed in Britain, as the British government during colonial rule in Nigeria discovered crude oil segments deposits, in the today's south-south at Oloibiri in 1956, province/region in the today, south-south of eastern Nigeria. The "NNPC" the Nigeria indigenous oil transnational corporation, represented the Nigeria federal government crude oil reserve ownership of 55 % (in a shared venture, with "SHELL" British Petroleum and her partner of the Netherland Royal Dutch Oil Co-"SHELL"- "SHELL" owned 30 %) and profi ts made by "SHELL" was transferred to the "SHELL" parent oil Co, Headquarters at Hague, Netherland; Finally, the "OPEC" relationship with Nigeria, and the world oil market, emerged as the oil giant (developing oil organization) permanent inter-governmental organization, seemed competitively world oil organization, bailed out the global oil community in terms of world oil market stock exchange crashes and recessions; global oil gluts, oil embargos, regional civil wars and unrest threatened "OPEC" oil production, intercepts in bailing out the global oil community, via by optimal production and supplies was apparent in "OPEC" sustainability growth and reinforce the world oil market business continuity. "OPEC" main theme was apparently formed to stabilize and fi x oil prices, amongst the member 12 oil producing and exporting countries from the third world. Assist the member oil producer member countries to produce oil in a quota basis system to prevent any oil price manipulations, intimidations, exploitative mechanism of oil sales malpractices and price anomalies.

The Oxford Handbook of Nigerian Politics offers a comprehensive analysis of Nigeria's very rich history and ever changing politics to its readers. It provides a deep understanding of Nigeria's socio-political evolution and experience by covering broad range of political issues and historical eras. The volume encompasses 44 chapters organized thematically into essays covering history, political institutions, civil society, economic and social policy, identity and insecurity, and Nigeria in a globalized world. By identifying many of the classic debates in Nigerian politics, the chapters serve as an authoritative introduction to Africa's most populous country. The chapters are interdisciplinary, introducing readers to classic debates and key research on Nigeria, as well as new methodologies, new data, and a compelling corpus of research questions for the next generation of researchers and readers interested in Africa.

Since the late 1980s the changing dynamic of global development has driven the tide of democratic expansion in the developing world. In Africa, western donors have sought to impose 'neo-liberal' visions of socio-economic and political institution-building, spreading political reforms and economic liberalisation with far-reaching consequences. Associated with external interventions, but also sometimes conflicting with them, are internal protests against authoritarianism, which have problematically reinforced and/or undermined the donor agenda for democratic reform.Here, Usman Tar questions the assumption that Africa was lacking the essential components for a spontaneous transition to democracy. He explores the dynamic, but contradictory, links between external and internal dimensions of neo-liberal democratic expansion in Africa, focusing on Nigeria. Tar dissects the struggles for democracy, and for democratic policy and practice in a country with rich economic potential but a troubled political dispensation.

Nigeria has experienced significant economic progress since publication in 1999 of the first edition of Perspectives on Nigerian Economic Development. Two main drivers of this progress have been the beneficial return to democratic rule and the implementation of key economic reforms, particularly in pursuing external debt relief, implementing excess crude account to stabilize revenue volatility, introducing contributory pension schemes and taking steps to privatize key sectors such as telecommunications. This volume is focused on issues relating to good political and corporate governance and national development; budget and fiscal policy; the Nigerian financial and capital markets and banking. Part one deals with the issues of globalisation and how Nigeria can play in the emergent environment. Part two (Managing the Nigerian Economy), Part three (Strengthening the Nigerian Banking Sector and Part Four (Entrepreneurship and Corporate Governance) proffers ways and means of handling these intertwined aspects of national challenges. The final part - Key Sector Issues deals with three vital areas - Education, Transportation, and Oil and Gas.

The year 1999 was a watershed in the history of Nigeria as it witnessed the peaceful transfer of power from the military to the political class. Given Nigerias tumultuous history of successive military interventions, this development was the first genuine transition that saw the military elite transferring political power to civilians without itching to stage a comeback. This edited volume, composed of 22 chapters discusses the form, trajectory and substance of democratic governance in post-military Nigeria between 1999 and 2014. It is a compilation of well researched essays and narratives on Nigerian government and politics. The book is a multi-disciplinary assessment of Nigerias democratic strides, including contributions from scholars in a broad range of disciplines such as history, sociology and anthropology, political science, economics, international relations, among others. The book examines the factors responsible for the resilience of the current democratic governance structures, in spite of centripetal and centrifugal forces frustrating democratic consolidation in the country. It equally interrogates these factors and makes appropriate recommendations for overcoming them. Key themes covered in the book in the Boko Haram insurgency, governance and corruption, militancy, sharia law, Islamic banking amongst others. It sheds light on contending issues affecting, afflicting and retarding the countrys progress. Issues like ethnicity, electoral corruption, human rights abuses, privatization of national assets, kidnapping and armed robbery, overbearing leadership personality and many more are critically discussed. Local government autonomy and the challenges of grassroots development and civil service administration are also thoroughly analysed. Democratic Governance and Political Participation in Nigeria 1999-2014 is a detailed, exhaustive, deep, stimulating and captivating narrative of the Nigerian situation. It is enthusiastically recommended for those who wish to know more about contemporary Nigerian history. As a collection of contemporary issues on the Nigerian government and politics, the book is recommended for courses in politics and governance in Nigeria in particular and Africa in general. It is an invaluable companion for both graduate and undergraduate students as well as scholars of African politics.

This book argues that the structure of the policy-making process in Nigeria explains variations in government performance better than other commonly cited factors.