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Deregulation of the Nigerian economy: The theoretical milieu

The deregulation of Nigerian economy was the main thrust of the Structural Adjustment Programme (SAP) introduced in the country in 1986 under the leadership of General Ibrahim Babandiga (1958-1993). Prior to that period the Nigerian economy was almost a command one with wide range of government control. Indeed, the introduction of SAP was said to be a final solution to the economic crisis faced by the Country. Unfortunately, SAP was introduced yet, the economy became more crunched. During the General Abach's regime (1993­1998), SAP was suspended out rightly. When General Abdulsalami Abubakar (…

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