The Impact Of External Aids To Political And Economic Development Of Nigeria (From 1999 – 2005)
This research work focuses on the impact of external aids to political and economic development of Nigeria (from 1999 – 2005). The objective of this study is to find out if these external aids have really brought development in Nigeria and if not, to find out why they have not and to discovered whether they are possible means through which these aids can be stipulated to bring the expected development.
It was discovered that aid helps in technical growth and health improvement especially reduction in child mortality and fighting HIV/AIDS in Nigeria. On the other hand, the discovery shows that financial aid result to debt burden, influences Nigeria foreign policy direction and are always given with considerations. Also the recipient does not apply the aids judiciously and the external aids have not contributed to the overall development at Nigeria.
The study therefore, recommends that the donors should provide programmes that will support and sustain the recipient country, then assist in monitoring the application of these aids, there should be frequent flow of information between stable basis for future partnership. The entire aid process for the development should be one where the involved parties share the risk of failure. All aids with too much strings attached should try as much as possible to disburse aids with all sincerity of purpose and faith rather than imperialistic tendencies.
Table Of Content
- Title page
- Approval page
- Table of content
- 1.1. Background of study
- 1.2. Statement of the problem
- 1.3 objective of the study
- 1.4 research questions
- 1.5. Statement of hypothesis
- 1.6 Significance of the study
- 1.7 Scope of the study
- 1.8 limitation of the study
- 1.9 Definitions of terms
2.0. Literature Review
- 2.1. Introduction
- 2.2. Conceptualization of the term external aids
- 2.3. The general perspectives of the external aids
- 2.4. Aid to Nigeria
- 2.5. Aid and national Development
- 2.6 The impact of external aid to development of Nigeria
- 2.7. The impact of external aid to economic development of Nigeria.
3.0. Research Design and Methodology
- 3.1. Introduction
- 3.2. Research design
- 3.3. Sources/method of data collection
- 3.4. Population and sample size
- 3.5. Sample technique
- 3.6. Validity / reliability of measuring instrument
- 3.7. Method of data analysis
4.0. Presentation and Analysis of Data
- 4.1. Introduction
- 4.2. Presentation of data
- 4.3. Analysis of data
- 4.4. Statement of Hypothesis
- 4.5 Interpretation of result
5.0. Summary, Conclusion and Recommendations
- 5.1. Introduction
- 5.2. Summary of findings
- 5.3. Conclusion
- 5.4. Recommendation
1.1. Background Of The Study
Both foreign aid and recipient government have recognized the need to establish a possible link between foreign aid and economic growth and development. Studies on such link have often ended with conflicting conclusion while some have attested to positive impact of foreign aid on economic growth. Others have been unable to establish such link. This paper examine the role of two foreign financing agencies.
Enterprise Development Fund (EDF) and Expert Development Programme (EDP) is promoting Zambia economic growth. It assess and analysis the impact of each of the different sectors of the Zambia economy.
The sector impact analysis includes manufacturing, agriculture, transport and institutional capacities. It concludes that, though it my be difficult to separate the effect of foreign aid factors, efficient and effective utilization of foreign aid finance an contribute to growth is a stable macro-economic environment.
1.2 Statement Of The Problems
Several years, aids had given to Nigeria and other developing countries, yet all these aids received by Nigeria had not been able to bring the true development in the country.
Secondly, these aids instead of developing Nigeria have become burdens to Nigeria due to debts services. These aids have really brought the developmental target expected to them; it is due to crafty motives of the donor countries a improper channeling of these aids by receiver country.
1.3 Objectives Of The Study
The main objective of this study is to find out if these external aids have really brought development in Nigeria and not to find out why has it not.
Secondly, to discover whether the aids are being given with conditions or without conditions.
Finally, to find out whether there are possible means through which these aids can situated to bring the development expected of them.
1.4 Research Questions
The following research questions will be traced during the process of this research.
- What impact has politics of Nigeria played?
- To what extent has external aids contributed in overall development of Nigeria as a nation?
1.5 Statement Of Hypothesis
- Ho: External aids does not impact positively to political and economic development of Nigeria.
Hi: External aids impact positively to political and economic development of Nigeria.
- Ho: External aids to Nigeria does not encourages neo-colonialism.
Hi: External aids to Nigeria encourages neo-colonialism.
1.6 Significant Of The Study
The main reason for this study is to asses the impact of external aids to political and economic development, the third world countries in general.
The successful completion of this study will provide essential information to both the government of receiver country and the donor country. It will highlight the extent to which the external aids are meant for and ensure that such aims are accomplished.
Secondly, it will provide necessary information to guide further researchers on the subject matter.
Finally, it will contribute in enriching academic growth and development.
1.7 Scope Of The Study
This research work will be limited to the impact of external aids to political and economic development of Nigeria (from 1999 – 2005). This research work will thoroughly examine the various aids given to Nigeria and conditions attached to such aids. It will touch the external aids receiver by various governments in Nigeria irrespective of military or civilian government.
The effective of these aids to the development of Nigeria shall be the centre of discussion while its effects on the third world countries shall be referred to from time to time in order to buttress the ills of external aids generally.
1.8 Limitations Of The Study
The intention of the researcher is to have a thorough and comprehensive study on the topic, but due to some constraints and factors, the study was limited.
Some of the factors includes funds, and limited time given to the researcher.
1.9 Definition Of Terms
In this course of study, a lot of terms have been used and hence, any where they are found in this study, they should be interpreted to meet the definitions proffered below.
L.D.C = Less development countries
DONOR = A person who donates e.g to charity
IMPEDE = Something that hinders achievement
I.M.F = International Monetary funds
5.0. Summary, Conclusion And Recommendations
This research work had so far examined the impact of external aids to political and economic development of Nigeria. This very chapter will enable the researcher to summarize with findings, conclude and further recommend the strategies to be employed by the donor countries to the programmes will sustain the recipient country. This chapter will further encourage the future researchers on how to make proper use of aids in order to bring development to Nigeria instead of being burden to them.
5.2 Summary Of Findings
The impact of external aid to political and economic development of Nigeria could either be positive or negative. In the course of this research, the following finding were made;
- It was discovered that technical aid to Nigeria has positive impact as it enable the country to train many technical experts in other countries that have the technical facilities than Nigeria.
- The researcher find out that external aid on the health has helped to reduce children mortality, combating HIV/AIDS and other infection disease through UNICEF and other united nations agencies programmes.
- Financial assistance aid to Nigeria has launched the country into debt burden which she could not be able in her best interest relate to, thus, external aid had seriously influences on Nigeria Foreign policy direction because Nigeria policy must be formulated in such a manner that will be favourable and beneficial to the countries that are donor to Nigeria.
- External aid to accompanied with drastic conditionality.
- The recipient does not carefully and judiciously apply the aid in order to achieve the purpose for which it is meant for. Aid might be seen to have failed to fulfill the over-optimistic expectations associated with, from independence to date. However, this is no ground for associating this with a general systematic failure.
From the findings above, it is ascertained that the external aids to political and economic development of Nigeria have been felt by Nigeria citizens specifically on the control of child mortality, HIV/AIDS and other infections disease, Nigeria citizens were trained in technical knowledge in the countries.
On the other hand, external aid to Nigeria influences greatly the foreign policy direction of Nigeria and cause dept burden to Nigeria, thereby encouraging neo-colonialism and imperialism rather than development countries.
The following recommendations are proffered;
- Donors should provide programmes that will support and sustain the recipient country, then assist in monitoring the application of these aids.
- There should be a frequent flow of information between recipient and donors to help redress these imbalances and provide a more stable basis for a future partnership.
- The entire aid process for development should be one where the involved parties, that is donor and recipient share the risk of failure.
- All aids with too much string attached should be discouraged. The basic need of external aids should depend on the basic needs and requirements of the recipient nations.
- Donor’s countries should try as much as possible to disburse aid with all sincerity of purpose and in good faith rather than in perialism tendencies.
The Impact Of External Aids To Political And Economic Development Of Nigeria (From 1999 – 2005)
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