An Insight on Nigeria's Role in Political and Economic Development of Africa
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Date
2016-12-01
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Journal of Gregory University
Abstract
This paper examines Nigeria's role in Political and Economiy development of Africa. The methiodology of the paper is based on the cntent and qualitative analyses. Nigerian foreign policy has been geared towards economic cooperation and develoment; regional intergration; conflict resolution and emancipation of Africa. Along this line, the paper argues that Nigeria has been participating in conflict resolution in countries such as Liberia, Democratic Republic of Congo, Sudan, Rwanda, Sieria Leone, Lybia, Somalia and Mali. It has also played a major role in the formation of the Economic Community of West African States (ECOWAS), African Union (AU).and New partnership for Africa's Development (NEPAD) that help in regional intergration and economic development. In addition, Nigeria played a role in the restoration of democracy in countries like Sierria Leone and Liberia. Furthermore, the inflow of foreign direct investment has been championed by the role played by Nigeria by attracting foreign investors in the region. The paper conclude that the role played by Nigeria has been guided by the relative strength of its economy. Therefore, there is the need to diversify its economy to enable it play more role in the continent.