Tag: nigeria
Nigeria is one of the largest economies in Africa. It is largely dependent on crude oil. Revenue from oil accounted for approximately two-thirds of the nation’s total revenue in 2000 (Jancovici, 2017). Nigeria’s heavy oil dependecy is a result of historical, economic, and political developments.
africa, global politics and international business, nigeriaThe Nigerian government is found to be inadequate in providing its people with basic amenities of living such as food, healthcare, shelter, education, freedom of movement, and protection.
africa, global politics and international business, nigeria, socio-economicThe impact of foreign aid on Nigeria’s development has been a subject of extensive debate. While foreign aid is intended to foster development, there are arguments that it has, in some cases, perpetuated dependency and underdevelopment.
africa, global politics and international business, nigeria, socio-economicCorruption in Nigeria hinders the success of socioeconomic development programs, as it surrounds all aspects of political and public life in the country to the extent that Nigeria has been labelled to be affected by systematic corruption.
africa, nigeria, socio-economicPublic fund mismanagement is a significant obstacle faced by nations worldwide, irrespective of their developmental status. This issue not only hinders the economic progress of a country but also poses formidable challenges to its overall development.
africa, global politics and international business, india, nigeria, socio-economicNigeria is Africa’s most populous nation with approximately 184 million people. It harbors about 47% of West Africa’s population and ranks among the youngest countries globally demographically. It’s a multi-ethnic, multi-cultural society comprised of 36 autonomous states.
africa, imports & exports, nigeria, oil and gas, socio-economic