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Economic development is an increase in per capita income and changes towards modernization.
It is in this lucid manner that this book will teach you economic development in Nigeria.
It clearly explains the problems of economic development in Nigeria. They include low per capita income, low level of savings, low level of technology, low productivity, low literacy, and dependence on one or two export products.
It analyzes the economic planning in Nigeria. It identifies the types of economic plan. It throws light on the problems of economic planning.
It discusses the economic planning experience in Nigeria. It highlights the first, second, third and fourth development plans made and executed in Nigeria.
It appraises the major economic plans that have helped Nigeria to grow at a faster rate including the Structural Adjustment Programme, National Economic Empowerment and Development Strategy, Millennium Development Goals, and Nigeria Vision 20:2020.
It lays emphasis on the challenges of economic development. It identifies poverty as the first striking challenge of economic development in Nigeria. It throws light on the causes and effects of poverty.
The next challenge of economic development is the disease of human immune system caused by infection with human immunodeficiency virus. This book points out the causes and effects of acquired human immune deficiency syndrome (AIDS). It throws light on the causes and effects of acquired human immune deficiency syndrome in Nigeria.
It clearly explains corruption. It identifies corruption as a lethal challenge of economic development in Nigeria. It sheds light on the causes and effects of corruption.
Brain drain is one of the severe challenges of economic development in contemporary Nigeria. This book offers the best solutions to the high level of brain drain in Nigeria.