Globalization and Nigeria’s Sovereignty

Filed in Political Science Project Topics by on October 25, 2020

Globalization and Nigeria’s Sovereignty

INTRODUCTION

“Globalization represents the reality that we live in a time when the walls of sovereignty are no protection against the movements of capital, labour, information and ideas nor can they provide effective protection against harm and damage” (Higgins, 1999).

This declaration by judge Rosalyn Higgins, the former president of the International Court of justice, presents the contraventional wisdom about the future of global governance. Many view globalization as a reality that will erode or even eliminate the sovereignty of nation-states.

The typical account points to at least three ways that globalization has affected sovereignty. First, the rise of international trade and capital markets has interfaced with the ability of nation-states to control their domestic economies.

Second, nation-states have responded by delegating authority to international organizations. Thirdly, a “new” international law, generated in part by these organizations, has placed limitations on the independent conduct of domestic policies. This development has placed Nigerian sovereignty under serious pressure.

But the decline of national sovereignty is neither inevitable nor obviously desirable, Nation-states (Nigeria) maintain the current world order.

Sovereignty allows nation-state to protect democratic decision-making and individual liberties or international cooperation.

 

STATEMENT OF THE PROBLEM

Politically, economically, socially and culturally globalization plays an influential role in Nigeria. Its activities has resulted in the crippling of the economy, because globalization to some extent determine the price of the Nigerian commodities in the international market.

Nigeria needs to develop but due to extensive dominance by the foreign powers through the activities of globalization in territorial boundaries of Nigeria (Giddens, 1999).

Nigeria as a state lacks the sovereign power to control its economy due to the lack of good governance of the Nigerian leaders, lack of control over MNCs, dependency over technological aspect,

dependency over foreign powers economies, political aspect, foreign aid which resulted to indebtedness of the country. Therefore, it must be controlled by the capitalist economy through the term globalization (miller, 2003).

Similarly, with the aid of globalization capitalist economy throw Nigeria in a state of confusion on how to administer the political affairs of our country by bringing the political disruption to make Nigeria’s political and economic system ineffective and inefficient.

BIBLIOGRAPHY

A.U. Sani “Globalization and the Feature of African Continent”

Abdullahi S. Modibbo “Globalization and its Effects on 3rd World”

Abubakar M.B. “Globalization and Developing Economies; Problemsand Prospects”

Attahiru M. Jega “Globalization and the National state; an Overview”Note Cambridge L.J. 78,8 (1999)

Claude Ake: “The End of 3rd World”. Longman Plc, London, 1981.Countries” Political Science Department

 

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