Debt Crisis, Structural Reforms and Debt Relief

Using the civilian government of President Olusegun Obasanjo as the point of departure, this chapter explains the Nigerian debt crisis. In a thematic manner, this chapter presents Nigeria’s economic profile, accounts for its debt crisis and the predisposi

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Rotimi Ajayi Joseph Yinka Fashagba   Editors

Nigerian Politics

Advances in African Economic, Social and Political Development Series Editors Diery Seck, CREPOL - Center for Research on Political Economy, Dakar, Senegal Juliet U. Elu, Morehouse College, Atlanta, GA, USA Yaw Nyarko, New York University, New York, NY, USA

Africa is emerging as a rapidly growing region, still facing major challenges, but with a potential for significant progress – a transformation that necessitates vigorous efforts in research and policy thinking. This book series focuses on three intricately related key aspects of modern-day Africa: economic, social and political development. Making use of recent theoretical and empirical advances, the series aims to provide fresh answers to Africa’s development challenges. All the socio-­ political dimensions of today’s Africa are incorporated as they unfold and new policy options are presented. The series aims to provide a broad and interactive forum of science at work for policymaking and to bring together African and international researchers and experts. The series welcomes monographs and contributed volumes for an academic and professional audience, as well as tightly edited conference proceedings. Relevant topics include, but are not limited to, economic policy and trade, regional integration, labor market policies, demographic development, social issues, political economy and political systems, and environmental and energy issues.

More information about this series at http://www.springer.com/series/11885

Rotimi Ajayi • Joseph Yinka Fashagba Editors

Nigerian Politics

Editors Rotimi Ajayi Political Science Federal University Lokoja Ido - Ekiti, Nigeria

Joseph Yinka Fashagba Department of Political Science Federal University Lokoja Lokoja, Nigeria

ISSN 2198-7262     ISSN 2198-7270 (electronic) Advances in African Economic, Social and Political Development ISBN 978-3-030-50508-0    ISBN 978-3-030-50509-7 (eBook) https://doi.org/10.1007/978-3-030-50509-7 © Springer Nature Switzerland AG 2021 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors, and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, ex