Journal of
Marketing Development and Competitiveness






Scholar Gateway


Abstracts prior to volume 5(1) have been archived!

Issue 5(1), October 2010 -- Paper Abstracts
Girard  (p. 9-22)
Cooper (p. 23-32)
Kunz-Osborne (p. 33-41)
Coulmas-Law (p.42-46)
Stasio (p. 47-56)
Albert-Valette-Florence (p.57-63)
Zhang-Rauch (p. 64-70)
Alam-Yasin (p. 71-78)
Mattare-Monahan-Shah (p. 79-94)
Nonis-Hudson-Hunt (p. 95-106) 



JOURNAL OF APPLIED BUSINESS AND ECONOMICS


Why Is Nigeria -- The “Giant of Africa” -- Still Poor?



Author(s): Ira Sohn

Citation: Ira Sohn, (2020) "Why Is Nigeria -- The “Giant of Africa” -- Still Poor?," Journal of Applied Business and Economics, Vol. 22, Iss.5,  pp. 11-41

Article Type: Research paper

Publisher: North American Business Press

​Abstract:

This paper begins with a short review of the issues cited by Africa scholars to explain the relative lag in economic development in Sub-Saharan Africa, which includes Nigeria. Next, some vital statistics of Sub-Saharan Africa and Nigeria are provided, followed by a brief review of Nigeria’s pre- and postindependence history. The second part -- the heart of the paper -- examines the major long-term issues that are adversely impacting the growth in living standards in Sub-Saharan Africa, with particular attention to Nigeria: demography, urbanization, insufficient infrastructure, regional, ethnic and religious stresses, over-reliance on commodities to finance indispensable government services such as education and health, and the poisonous effects of widespread public and private corruption.