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Periodical article |
| Title: | The African Renaissance concept: prospects for the role of Nigeria |
| Author: | Adeyemi, B.A. |
| Year: | 1998 |
| Periodical: | Indicator South Africa |
| Volume: | 15 |
| Issue: | 2 |
| Pages: | 82-86 |
| Language: | English |
| Geographic term: | Nigeria |
| Subjects: | foreign policy regional economic relations |
| Abstract: | The last two decades have been a troubling period for all of Africa, including Nigeria. The international drop in commodity prices in the 1980s hit Nigeria particularly hard, and the nation fell to 141st of 175 nations in terms of human development. In the 1990s, it was assumed that African economies would experience an economic upturn. In the case of Nigeria, it would appear that the government is taking some positive steps, but future economic growth will depend on regional cooperation. Despite free trade provisions in the ECOWAS treaty of 1975, Nigeria's trade relationships are almost exclusively with Europe. South-South linkages need to be cultivated, including ties between Nigeria and South Africa. Both countries have important roles to play in securing peace in their respective regions, and cooperation between the two powers should be explored in education and research. Due to international conditions, aid will continue to be necessary, but African leaders should tap local capacity in the search for economic self-determination. Bibliogr., sum. |