Record Details

Conflict and Accommodation in a Post-Imperial Order: Reflections on Nigerian Policy towards Foreign Capital, 1972-2010

International Journal of Developing Societies

View Archive Info
 
 
Field Value
 
Title Conflict and Accommodation in a Post-Imperial Order: Reflections on Nigerian Policy towards Foreign Capital, 1972-2010
 
Creator Ebohon, Sylvanus
 
Subject Foreign capital, Developing Countries, Development issues
rentier elites, continuity in change, moderate radicalism, Nigerian techno-structure, state re-appropriation, Obasanjo rapprochement
 
Description The struggle for the overthrow of colonial rule and the eventual attainment of independence in 1960 fell short of expectations as neo-colonial structures tended to generally undermine the expected gains of political independence.The challenge faced by the ascendant power elites of the post-war Nigerian state is how to redesign, articulate and nurture an auto-centric post-colonial economy.This paper attempts to capture the character of post-civil war policy of the Nigerian state towards foreign capital. Approach to the study is based on the methodology of historiography and the application of secondary data. It examines the main thrust of government’s policy in this regard. The paper concludes that although a crisis of confidence predicates the relationship between the triangular drivers of post-imperial Nigerian political economy, their interest in the preservation of the institutions of private property tend to converge.This convergence dissolves the conflict in the interest of super ordinate objective of capitalist relations of production – the reproduction of a free enterprise system that promotes local and international capitalist interests within the Nigerian state.
 
Publisher World Scholars
 
Contributor
 
Date 2012-06-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://wscholars.com/index.php/ijds/article/view/88
10.11634/21681783150488
 
Source International Journal of Developing Societies; Vol 1, No 2 (2012); 61-69
2168-1791
2168-1783
 
Language eng
 
Relation http://wscholars.com/index.php/ijds/article/view/88/46