Globalization and Political Stability in Nigeria (1990 - 2010)

ABSTRACT 

The study examined the effect of globalization on political stability in Nigeria between 1990 and 2010. It explained the concept of globalization as the integration of the nations of the world into a universal community in a way that engenders cooperation, complementarities and comparative advantage among states in such interaction. In other to carry out the study, we used both primary and secondary sources to generate data. From the data collected, the study concluded that in relation to the political realities of the Nigerian state, there are inherent benefits as well as odds in the globalization process. The study believes that the onus lies on, Nigeria to maximize the benefits and minimize the odds of globalization. The study also concluded that there exists a relationship between Foreign Direct investment and political instability in Nigeria over the period under review. Finally, the study recommended that Nigeria should ensure that the country has a sound technological base in order to diversify the economy.

TABLE OF CONTENTS

Title page - - - - - - - - - -i

Certification - - - - - - - - - -ii

Dedication - - - - - - - - - -iii

Acknowledgment - - - - - - - - -iv

Abstract - - - - - - - - - -v

Table of Contents - - - - - - - - -vi

CHAPTER ONE: INTRODUCTION

1.1 Background to the Study - - - - - - -1

1.2 Statement of the Problem - - - - - -5

1.3 Objectives of Study - - - - - - -9

1.4 Significance of the Study - - - - - - -9

1.5 Scope and Limitations of Study - - - - -10

CHAPTER TWO: LITERATURE REVIEW

2.1 The Concept of Globalization - - - - - -12

2.1.1 The Forces of Globalization - - - - - -21

2.1.2 Foreign Direct Investment (FDI) - - - - -27

2.1.3 Channels of FDI - - - - - - - -30

2.1.4 Motives of FDI - - - - - - - -31

2.1.5 Incentives for Attracting Foreign Investors in Nigeria - -32

2.1.6 Overview of Political Stability - - - - - -36

2.2 Hypotheses - - - - - - - - -41

2.3 Operationalization of the Key Concepts - - - -41

CHAPTER THREE: RESEARCH METHODOLOGY

3.1 Location of Study - - - - - - - -43

3.2 Population of the Study - - - - - - -43

3.3 Sample Size - - - - - - - -43

3.4 Sampling Technique - - - - - - -44

3.5 Method of Data Collection - - - - - -44

3.6 Method of Data Presentation and Analysis - - - -45

3.7 Theoretical Framework - - - - - - -45

 CHAPTER FOUR: DATA PRESENTATION, FINDINGS AND

DISCUSSION OF FINDINGS

4.1 Data Presentation - - - - - - - -49

4.2 Findings - - - - - - - - -63

4.3 Discussion of Findings - - - - - - -64

4.3.1 Technological Self-Reliance - - - - - -64

4.3.2 External Influence - - - - - - - -65

4.3.3 Relative Security - - - - - - - -66

4.3.4 Nigeria‘s Dependence on Oil Resources Generates Instability -67

4.3.5 Dependence on Foreign Direct Investment - - - -68

4.3.6 Corruption - - - - - - - - -69

CHAPTER FIVE: CONCLUSION SUMMARY AND RECOMMENDATION

5.1 Conclusion - - - - - - - - -70

5.2 Summary - - - - - - - - -71

5.3 Recommendations - - - - - - - -73

BIBLIOGRAPHY