Aspects of the Economic Reforms of Olusegun Obasanjo’s Administration, 1999-2007

Aspects of the Economic Reforms of Olusegun Obasanjo’s Administration, 1999-2007.

TABLE OF CONTENTS

Title page- – – – – – – – – – i
Approval page – – – – – – – – – ii
Dedication- – – – – – – – – – iii
Certification – – – – – – – – – iv
Acknowledgements – – – – – – – – v
Preface – – – – – – – – – – vi
List of abbreviation – – – – – – – – vii
Table of contents – – – – – – – – viii
CHAPTER ONE: INTRODUCTION
Background of the study – – – – – – – 1
Statement of the problem – – – – – – – 3
Purpose of the Study – – – – – – – 4
Significance of the study – – – – – – – 4
Scope of the study – – – – – – – – 4
Literature review – – – – – – – – 5
Methodology – – – – – – – – – 8
Sources – – – – – – – – – 8
Organization – – – – – – – – 8
References – – – – – – – – – 9

CHAPTER TWO: NIGERIA ON THE EVE OF OBASANJO’S RULE: AN OVERVIEW

Political issues – – – – – – – – – 11
Economic issues – – – – – – – – 15
Social issues – – – – – – – – – 22
References – – – – – – – – – 28

CHAPTER THREE: INFORMATION, COMMUNICATION AND TECHNOLOGICAL REFORM, 1999-2007

Mobile communication – – – – – – – – 30
Mass media – – – – – – – – – 39
References – – – – – – – – – 47

CHAPTER FOUR: THE FIGHT AGAINST CORRUPTION (ICPC AND EFCC), 1999- 2007

The Independent Corruption Practices Commission – – – – 48
The Economic and Financial Crimes Commission – – – – 55
References – – – – – – – – – 58

CHAPTER FIVE: CONCLUSION

Assessment – – – – – – – – – – 59
Conclusion – – -` – – – – – – 65
References – – – – – – – – – 66
Sources and Bibliography – – – – – – – 67
Appendix 1 – – – – – – – – – 73

INTRODUCTION

1.1 Background of the Study

The significance of good governance in any given nation cannot be underestimated. Therefore, the essence of governance is to ensure the development of every sector of the national entity.

To this end, every emerging and successive government formulates policies in order to reform the political, economic, cultural and social structures.

Irrespective of reformed policies, they are primarily intended to ensure the uplift of the societies in all ramifications-education, health, transportation, etc.

Hence, considering the significance and how vital reform policies are made, they attempt to meet the needs and aspirations of the people of a particular country as instituted by existing government.

Because of the above reason, the administration of Olusegun Obasanjo (1999- 2007) embarked on certain economic reforms during his tenure in office (1999-2007).

In the 1999 elections, the first in sixteen years, he decided to run for the presidency as the candidate of the People’s Democratic Party. On 29 May, 1999, Obasanjo took office as the first elected civilian head of state in Nigeria after 16 years of military rule.

The month of May is now commemorated as Democracy Day. It would be recalled that prior to his election in 1999, the nation had been under the yoke of military rule.

The military regime did not help matters when it postponed severally the return to civilian rule. Many people were of the view that the worst civilian administration is better than enlightened military dictatorship.1

From the 1960s, when Nigeria gained her independence, development plans of varying durations were launched. The Nigerian leaders were aware that political independence without economic independence would endanger the country’s  sovereignty.

Hence, they were out to protect this hard won sovereignty as well as give their people the best. The major initiative and plans fell on governments for national economic and social developmet.2 Before and during Obasanjo’s reform, the economic conditions in the country could be considered as dire.

According to Otese Simon, the economic situation of the country prior to Obasanjo’s administration, could be said to be a period when the political leaders of newly won independence sought to consolidate their hold on power, and not actually doing the peoples biddings.

BIBLIOGRAPHY

Anegbode, J. Azelma, J., “The mass media and nation building in Nigeria”. International Journal of Government and Development, Vol. 1(1).

Chernev Alexander, “The impact of common features on consumer preferences: A case of confirmatory reasoning”, Journal of consumer Research, vol. 27, 21-22.

Ocheje, Paul D., “Law and Social Change: A Socio-Legal Analysis of Nigeria’s Corrupt Practices and Other Related Offences Act 2000” Journal of Africa Law, Vol. 45, No. 2. 2001.

Adamolekun, Ladipa, Politics and Administration in Nigeria, Ibadan: Spectrum Books Ltd., 1986.

Agedah, D. The Military in Politics from Aguiyi-Ironsi to Ibrahim Babangida, Lagos: Perception communications, 1993.

Afigbo, A.E. et.al, The Making of Modern Africa: The 20th Century, England: Longman, 1975.

Be the first to comment

Leave a Reply

Your email address will not be published.


*