This study examined the effects and expectations of external economic dependence on foreign investment policy outputs with particular reference to the Nigerian experience between 1954 and 1980. Three basic kinds of external economic dependence were studied: foreign investment, the penetration of the Nigerian economy by foreign capital through the agency of the multinational corporations (MNCs); foreign trade, a measure of the Nigerian economy's participation in the world market; and foreign aid (loans and grants), a measure of Nigeria's reliance on financial assistance from governments and international financial inst itutions. For the most part, the level of Nigeria's economic dependence was very high. However, economic dependency is not translated into changes in foreign investment policy in favor of the foreign investors in Nigeria as is predicted by the dependency paradigm. The Nigerian case casts doubt on the dependency paradigm as a framework for fully explaining factors that may determine foreign direct investment policy changes that occur in a less developed Third World country. In other words, the dependency paradigm has a limited explanatory power; there is a factor independent of the economic factor operating out of the control of global capitalism (the center of the center in alliance with the center …

This study surveys the issue of military coups in Nigerian politics. An attempt is made to explain the causes of coups d'etat. To this end, Thompson's thesis of military grievances has been rigorously employed to explain the occurrences of military coups in Nigeria. The Thompson thesis asserts that coups occur because the military is aggrieved. A study of the opinions of expert observers familiar with Nigerian politics confirmed that four out of the six military coups occurred due to problems emanating from the Nigerian military establishment. Although military grievances such as its political positions, resource bases, ethnicity, and factions within the military caused most coups, there is sufficient evidence that societal factors like economic crises, election decisions, and the need for reforms also encouraged the military to overthrow governments in Nigeria.