International records / OpenAlex research

Globalization and Industrialization in Nigeria

This paper view globalization as capitalist ideas that introduce structural inequalities in the global economic system with so much impact on Nigerian industrial development. The position of this essay is that, despite some of the advantages of globalization in Nigerian economy, the agents of globalization such as multinational corporations, benefit more from Nigeria industrial and trade system than what they offer to Nigeria. Because globalization grants developed nations access to cheap resources and cheap labor in Nigeria, the benefits of global integration accrue disproportionately to rich…