#Recession: What Brought Us Here

Economic Development in Nigeria since independence was an economy the country didn’t have control over, the British policies was made in Nigeria to ease their administration. The country only got a flat independence that has been the argument by different scholars.

Apparently, the inability to produce a genuine model of production and the issues of Agricultural decentralisation has hampered the chances of stimulating growth and development in the country and in general across Africa.

Decisions and Policy Makings is not peculiar to Nigeria and generally an African problem due to this circumstances Nigeria-African community’s are not in charge of their Economies, it was in this boat that Kwame Nkrumah, Walter Rodney, Franz Fanon talked about Neo-Colonialism.

For an Economy to grow and strive competitively in the international community’s, the country’s Economy have to be stimulated to accommodate Indigenous growth shifts. The issues surrounding Capitalism have been a strong tools against Nigeria’s Economic development which reflects on our present under-developed state resulting in the scenario of capital flight projections.

Various constraints have relegated Agricultural development in Nigeria which includes; Poor Storage and Marketing of Agricultural products, Lack of Farm credit, Inadequate Agricultural inputs due to poor extension services, the problem of land tenure system in some parts of Nigeria, the poor state of Road Feeders and other Transportation problems have contributed to the situation of hunger in the country.

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