AFRICAN GLOBALIZATION: NIGERIA’S ECONOMIC RESPONSE TO GLOBAL INTEGRATION AND INTERDEPENDENCY


It is true that the world is becoming a global village. The velocity with which technological advancements are spreading has made this even more possible. The need for a free market has positioned capitalists in an advantageous position for benefitting greatly from this interconnectedness. Historically, the intention of imperialists has always been to gain access to the resources and markets of others for free or close to nothing. This quest has bred greed and an insatiable need for control of global resources at the expense of human dignity. African countries have been on the receiving end of this debasement of human dignity. Africans have had to endure colonialism, slavery, and inherit economies that were structured to benefit external players more than its owners. The solution is not for Africa to isolate itself from the rest of the world, but to integrate with caution and on its own terms.