International records / OpenAlex research

Globalization and the imperativeness of local development in Nigeria

Purpose – The study seeks to determine how Nigeria can increase its positive impacts rather than negative ones, such as neo-colonialism, on the imperatives of globalization in the areas of the local economy, sociocultural factors, customs, among others. Methodology/approach –This study employed a qualitative research design, gathering and analysing qualitative data from contemporary and archival sources. Findings – It was found that a number of factors, including Nigeria’s share in global trade, investment, and finance in terms of the total quantum of inward and outward flows of resources, can…