Economic Diversification in Nigeria
Economic Diversification in Nigeria

Author: Zainab Usman

Publisher: Zed Books

Published: 2023-12-28

Total Pages: 0

ISBN-13: 1786993953

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Nigeria has for long been regarded as the poster child for the 'curse' of oil wealth. Yet despite this, Nigeria achieved strong economic growth for over a decade in the 21st century, driven largely by policy reforms in non-oil sectors. This open access book argues that Nigeria's major development challenge is not the 'oil curse', but rather one of achieving economic diversification beyond oil, subsistence agriculture, informal activities, and across its subnational entities. Through analysis drawing on economic data, policy documents, and interviews, Usman argues that Nigeria's challenge of economic diversification is situated within the political setting of an unstable distribution of power among individual, group, and institutional actors. Since the turn of the century, policymaking by successive Nigerian governments has, despite superficial partisan differences, been oriented towards short-term crisis management of macroeconomic stabilization, restoring growth and selective public sector reforms. To diversify Nigeria's economy, this book argues that successive governments must reorient towards a consistent focus on pro-productivity and pro-poor policies, alongside comprehensive civil service and security sector overhaul. These policy priorities, Nigeria's ruling elites are belatedly acknowledging, are crucial to achieving economic transformation; a policy shift that requires a confrontation with the roots of perpetual political crisis, and an attempt to stabilize the balance of power towards equity and inclusion. The eBook editions of this book are available open access under a CC BY-NC-ND 4.0 licence on bloomsburycollections.com. Open access was funded by The Carnegie Endowment for International Peace.

Low-Carbon Development
Low-Carbon Development

Author: Raffaello Cervigni

Publisher: World Bank Publications

Published: 2013-08-05

Total Pages: 189

ISBN-13: 0821399268

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The Federal Government of Nigeria has adopted an ambitious strategy to make Nigeria the world’s 20th largest economy by 2020. Sustaining such a pace of growth will entail rapid expansion of the level of activity in key carbon-emitting sectors, such as power, oil and gas, agriculture and transport. In the absence of policies to accompany economic growth with a reduced carbon foot-print, emissions of greenhouse gases could more than double in the next two decades. This study finds that there are several options for Nigeria to achieve the development objectives of vision 20:2020 and beyond, but stabilizing emissions at 2010 levels, and with domestic benefits in the order of 2 percent of GDP. These benefits include cheaper and more diversified electricity sources; more efficient operation of the oil and gas industry; more productive and climate –resilient agriculture; and better transport services, resulting in fuel economies, better air quality, and reduced congestion. The study outlines several actions that the Federal Government could undertake to facilitate the transition towards a low carbon economy, including enhanced governance for climate action, integration of climate consideration in the Agriculture Transformation Agenda, promotion of energy efficiency programs, scale-up of low carbon technologies in power generation (such as renewables an combined cycle gas turbines), and enhance vehicle fuel efficiency.

Nigeria's Struggle for Democracy and Good Governance
Nigeria's Struggle for Democracy and Good Governance

Author: Adigun A. B. Agbaje

Publisher:

Published: 2004

Total Pages: 504

ISBN-13:

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A collection of essays, commissioned to honour one of Nigeria's and Africa's most outstanding political scientists of his generation, brings together twenty six contri-butions from scholars of all generations, who all have connections with the University of Ibadan. These include: Wale Adebanwi, Adigun Agbaje, LaRay Denzer, L. Adele Jinadu, Richard Sklar, Rotimi Suberu and Adebayo Williams. The essays are organised into four sections; the structure, history, processes and dynamics of Nigeria's federal system, governance issues, the formulations and transformations of identity politics and global contexts of the production and reproductions of the Nigerian state and society.

Nigeria and the Nation-State
Nigeria and the Nation-State

Author: John Campbell

Publisher: Rowman & Littlefield

Published: 2024-08-13

Total Pages: 287

ISBN-13: 1538197812

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Nigeria, despite being the African country of greatest strategic importance to the U.S., remains poorly understood. John Campbell explains why Nigeria is so important to understand in a world of jihadi extremism, corruption, oil conflict, and communal violence. The revised edition provides updates through the recent presidential election.

Corruption and Development in Nigeria
Corruption and Development in Nigeria

Author: Ọláyínká Àkànle

Publisher: Routledge

Published: 2021-12-28

Total Pages: 159

ISBN-13: 1000401189

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Despite being Africa’s largest economy and most populous country, with abundant natural resources, Nigeria still faces substantial development challenges. This book argues that corruption lies at the heart of many of the country’s problems. Drawing on a range of different disciplinary perspectives, this volume explores the relationship between corruption and development, investigating the causes, contexts, and consequences of corruption, and the pathways for addressing it. As well as covering the wider background and theory surrounding corruption in the country, the book will investigate different sectors: the media, the judiciary, the health sector, industry, the criminal justice system, and of course politics and governance. The book concludes by considering attitudes and perceptions to corruption within Nigeria, current approaches to countering corruption, and future pathways to addressing the problem. This book’s critical investigation of the links between corruption and development in Nigeria will be of interest to researchers of corruption, development and African Studies, as well as to policy makers, practitioners, and local stakeholders.

Nigeria
Nigeria

Author: Julius Ihonvbere

Publisher: Taylor & Francis

Published: 2024-11-01

Total Pages: 198

ISBN-13: 1040278868

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Nigeria is in a long-standing crisis. Military rule has suffocated civil society and has entrenched a culture of repression, corruption, and official irresponsibility. The reign of Ibrahim Babangida has resulted in near total economic disaster for the country. The situation is so bad, as Julius Ihonvbere shows, that Nigerians are now saying that the days of colonialism were better. In this major new study, Ihonvbere searches out the sources of Nigeria's predicament. He finds them in the country's historical experience, and the consequences of that experience since gaining political independence.Nigeria has become a society in which its citizens live in fear and its youth emigrate to other countries. It is now impossible to survive in the country without belonging to a certain religion, living in a particular region, having connections with top military officers, and being involved with some form of corruption. Even involvement in drug pushing or extrajudicial murder is no longer considered a crime, but a circumstance of life. Such conditions have encouraged the emergence of several popular organizations. New alliances of students, workers, women, youths, intellectuals, professionals, and the unemployed transcend ethnic, regional, and religious differences. For the author, it is at this emerging level of struggle and interaction that the future of Nigeria lies.This work examines several critical, but often overlooked or underresearched aspects of Nigeria's political economy. Ihonvbere analyzes in detail Nigeria's foreign policy, its economic crisis, the military, the decay of its educational system, and democratization. He pays particular attention to the paradoxical connection between IMF/World Bank-supervised structural adjustment and the struggle for democracy. His book will be of interest to experts hi socioeconomic development, foreign policy analysts, students of military science, and scholars of African politics and history.

Reforming the Unreformable
Reforming the Unreformable

Author: Ngozi Okonjo-Iweala

Publisher: MIT Press

Published: 2014-08-29

Total Pages: 211

ISBN-13: 0262526875

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A report on development economics in action, by a crucial player in Nigeria's recent reforms. Corrupt, mismanaged, and seemingly hopeless: that's how the international community viewed Nigeria in the early 2000s. Then Nigeria implemented a sweeping set of economic and political changes and began to reform the unreformable. This book tells the story of how a dedicated and politically committed team of reformers set out to fix a series of broken institutions, and in the process repositioned Nigeria's economy in ways that helped create a more diversified springboard for steadier long-term growth. The author, Harvard- and MIT-trained economist Ngozi Okonjo-Iweala, currently Nigeria's Coordinating Minister for the Economy and Minister of Finance and formerly Managing Director of the World Bank, played a crucial part in her country's economic reforms. In Nigeria's Debt Management Office, and later as Minister of Finance, she spearheaded negotiations with the Paris Club that led to the wiping out of $30 billion of Nigeria's external debt, 60 percent of which was outright cancellation. Reforming the Unreformable offers an insider's view of those debt negotiations; it also details the fight against corruption and the struggle to implement a series of macroeconomic and structural reforms. This story of development economics in action, written from the front lines of economic reform in Africa, offers a unique perspective on the complex and uncertain global economic environment.