ABSTRACT

Globalization and economic development in Nigeria is one of the results of colonialism. It widens the gap between the rich and the poor; hence it is force of inequality which enslave the African nations and it economy. Globalization is not a course in totality but it is relative on the impact it has for each economy, whether developed or underdeveloped since it opens an avenue for each economy to compete in global market without restriction. The research work on globalization and economic development in Nigeria uses analysis, exposition and evaluation as its method of inquiry. It is a burden of this research to suggest a best possible solution on how Nigeria will develop both material and human resources without any resources left unutilized just as the developed nations of the world. At the end, all Nigerians will have equal access to the national resources without robbing the future generation what nature has endowed to all mankind