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ECONOMIC DEPENDENCY AND UNDERDEVELOPMENT IN AFRICA: THE NIGERIAN PERSPECTIVES, 2000-2010

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TABLE OF CONTENTS
Title Page . . . . . . . . . . i
Approval Page . . . . . . . . . . ii
Dedication . . . . . . . . . . iii
Acknowledgment . . . . . . . . . iv
List of Abbreviations . . . . . . . . . v
Abstract . . . . . . . . . . vi
Table of Contents . . . . . . . . . vii
CHAPTER ONE
1.1 Introduction . . . . . . . . . .1
1.2 Statement of Problem . . . . . . . . .4
1.3 Objectives of Study . . . . . . . . .7
1.4 Significance of Study . . . . . . . . .7
1.5 Literature Review . . . . . . . . .8
1.6 Theoretical Framework . . . . . . . .32
1.7 Hypothesis . . . . . . . . . .36
1.8 Methods of Data Collection. . . . . . . .37
1.9 Research Design . . . . . . . . .38
1.10 Data Analysis . . . . . . . . . .39
CHAPTER TWO
2.0 Capital Accumulation and Industrialization in Nigeria . . . .41
2.1 Primitive Capital Accumulation . . . . . . .41
2.2 Industrialization in Nigeria . . . . . . . .44
2.2.1 Industrialization and Economic Development in Nigeria . . . .47
2.3 Manifestation of Primitive Capital Accumulation in Nigeria . . . .53
CHAPTER THREE
3.0 Leadership Crisis and Nigeria’s Underdevelopment . . . . .57
3.1 Leadership crisis in Nigeria . . . . . . . .57
3.2 Nigeria’s Underdevelopment . . . . . . . .65
CHAPTER FOUR
4.0 The Nigerian Elites and the Dependent of the Nigerian Economy on
Foreign Capital . . . . . . . . .71
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4.1 The Comprador Nature of Nigerian Elite . . . . . .71
4.2 Nigerian Economy and Foreign Capital . . . . . .75
CHAPTER FIVE
5.0 Summary, Conclusion and Recommendations . . . . .86
5.1 Summary . . . . . . . . . .86
5.2 Conclusion . . . . . . . . . .87
5.3 Recommendations . . . . . . . . .87
BIBLIOGRAPHY . . .

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