Nigeria has the chance to build a society that can guarantee justice, human dignity and civil liberties to all Nigerians. Nigeria is committed to nation building and democratic consolidation. The burning issue is: On 29 MayNigerians continues to face economic, political and social uncertainties.
Santos explained further, that, it is the relation of interdependence between two or more economies, between these countries in question and World Trade assumes the forms of dependence when some countries the dominant ones can expand or can be self-sustaining, while other countries the dependent ones can do this only as a reflection of that expansion, which can have either a positive or negative effect on their immediate development.
The term Dependency would be viewed from the point of views of the relationship Literature review on poverty in nigeria developed and underdeveloped countries.
The relationship between these divisions is determined by the structure of the world economy. The economic activity of the third world countries is based on primary export production.
This situation has generated unequal exchange to the advantage of the centre and to the disadvantage of the periphery. It has resulted in the balance of payment crisis with the periphery having to export more in order to maintain the same level of manufactured import.
Underdevelopment was not an original or inherent condition, rather it was determined outcome of the historical relationship between dominant and subordinate states.
As underdevelopment was a product of capitalist development, it would end when the capitalist system itself collapsed. According to Dos Santos, dependence historically can be identified and distinguished in three forms, thus; colonial dependence, financial industrial dependence and technological industrial dependence etc.
This form of dependence emerged in trade export in nature in which commercial and financial capital in alliance with colonialist state dominated the relations of the Europeans and the colonies, by mans of trade, monopolies of land, mines and power in the colonial countries.
This form consolidated at the end of the 19th century, characterized by domination of big capital in the hegemonic centres, and its expansion abroad through investment in the production of raw material and agricultural products for consumption in the hegemonic centres.
This new type of dependence was consolidated in the post world war II period based on Multinational Corporations MNCs which began to invest in industries geared towards internal market of the underdeveloped countries.
Thus, each of these forms of dependence corresponds to a situation which condition not only the international relation of these countries but also their internal structures in such areas as orientation of production, the forms of capital accumulation, the reproduction of the economy and simultaneously their social and political structures.
According to Onah The years of colonialism brought some set back in Nigeria. The colonial masters built and structured Nigerian economy to facilitate the expropriation of her resources for British economic growth and development, thereby leaving Nigeria with poverty and dependency……….
Liberalization policies have been noted as modern day colonialism causing the poverty of the third world countries. Some writers and scholars have suggested that Nigeria should boycott the WTO agreement, because the treaty leads to goods being dumped in the country, leading to the closure of local industries.
These affect peoples ability to secure employment and earn a living. Consequently, those in places of authority hire their own people, irrespective of their qualification Mans fieldthereby creating wider road for poverty in Nigeria. Nigeria was tied to opening her economy and being primary commodity exporters in such a way that Nigeria finally found herself unable to compete favourably with other nations.
The SAP brought devaluation of naira, inflation, reduction in workers wage, redundancy and unemployment, which climaxed to low standard of living and poverty. SAP made Nigeria to be only exporters of raw materials at cheap rate to multinational and other states including importers of finished goods.
This has increased poverty and dependency in Nigeria. Military incursion into Nigerian politics soon after the independence under the disguise of correcting the abnormalies of the civilian regimes saw the introduction of undemocratic governance and heightening of poverty in Nigeria.Peace & Conflict Review Volume 5, Issue 1 ISSN: Environmental Conflict and the Politics of Oil in the Oil-Bearing Areas of Nigeria’s Niger Delta.
Agricultural Production and Economic Growth in Nigeria: One sector that has a critical role to play in poverty reduction in Nigeria is the agri- growth nexus and its implication for poverty reduction.
2 Literature Review Agriculture and Economic Growth Linkages. small and medium enterprises (smes) in nigeria: problems and prospects by basil anthony ngwu onugu (fimc, fica) st.
clements university The Impact of Poverty on A Child’s Academic Performance Page 2 The Institute for Public Policy & Economic Development (The Institute) is a partnership of ten colleges and universities in the Scranton/Wilkes-Barre/Hazleton.
ICTs and POVERTY: A LITERATURE REVIEW By C. Nyaki Adeya, PhD. i Section 4 then presents some case study literature on ICTs and poverty. This section is followed by an assessment of literature on ICTs and poverty reduction from the perspective of development in Section 5.
The focus of Section 6 is ICTs and a. The Lie of Imperialism Exposed in Literature - If postcolonial literature is the “process of dialogue and necessary correction,” of misconceptions concerning colonialism, then a comparative study of colonial and postcolonial works is essential for attaining a full understanding of the far-reaching effects of European imperialism (Groden and Kreiswirth ).