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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.

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