Nigerian Capitalism

Following a surge in oil revenues in the 1970s, Nigeria became one of Africa’s most rapidly developing nations. In Nigerian Capitalism, Sayre P. Schatz analyzes the country’s political economy, assessing its position and proposing a development plan for the final quarter of the twentieth century.

Referring to Nigeria’s economic development strategy as "nurture—capitalism," Sayre contrasts the role of private enterprise, which is expected to foster growth of the productive sector of the eco...