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Underdevelopment In Nigeria

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UNDERDEVELOPMENT IN NIGERIA: THE NIGERIAN REINVENTION Introduction At independence on Oct 1, 1960, the various nationalists cum observers that either fought for or simple wished for the autonomy of Nigeria from her erstwhile masters had a lot of conjectures about the future of the country; how great it would be amidst vast natural and human resources and how it would favourably compete with nations of the world. They were so keen on assuming power since that was the only way to set Nigeria as a nation on her foot and that was the easiest way of unseating the heap-master that has hitherto denied the country the ability to fully realize its potentials and take its place in the continent. These nationalists saw bright days ahead where everything would be glorious, shining and perky! Considering the abundant resources in the country and the amount of ‘heads’ available, no way Nigeria after independence could not have survived and risen to be ‘African-Power’- at least that was the dream. Whether it was a day-dream or not is a matter to be delved into soon. However, it is pertinent to state the underlying factors for such dream(s). After all, Nigeria was already a major cocoa exporter, and world’s largest exporter of palm oil coupled …show more content…

The country, barely a decade after its freedom from the whims and caprices of colonialism was bombarded with a myriad of complications which eventually culminated into coup-de-etat when the military took over political power; followed by a counter coup and eventually civil war! That was how the path to a shattered dream was set wherein dependence on the former colonial masters and her allies became a norm. The performance of the state actors have thus been characterized by selfish interests which plunged the country into a ‘rentier’ state branded by externalization, import-substitution, socio-economic and political inequalities, and a disarticulated

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