• Political Leadership And Economic Development In Developing Countries

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    • Nigerian leaders for the last four decades have been described as being dictatorial especially during the military era. Okoye (2012) averred that development is put in abeyance in a country with leadership problem and anarchic situation. Any country whose leaders are corrupt or harbour corruption cannot develop. There are so many cases of corruption by Nigeria leadership; this situation has eaten deep as a cankerworm into the fabric and all facets of the Nigerian economy and the nation at large which has rendered the Nigeria political leadership incapacitated of facilitating any meaningful economic development. Nigeria promises a great deal, but usually fails to deliver. It could be the powerhouse of Africa, but has so failed to use its oil wealth effectively or to build an economic system that spreads opportunity. Indian political leadership is known to have provided a major boost and source of the country’s development strides. Barnabas and Clifford (2012) noted that an important method of leadership development is by vicarious learning, which is based on learning from role models.
      1.2       Statement of the Research Problem
                  In recent times, political and socio-economic development has been viewed as products of effective political leadership. Based on this thinking, we find it necessary to undertake a comparative study of the role of leadership in political and economic development in developing nations with emphasis on Nigeria and India, both former British colonies. Poor countries are not only poor because of their geographies or cultures, but because their leaders do not know which policies will enrich their citizens. In Nigeria, all the abundant resources for building a great nation are present. They include land, water, minerals and human resources. The major problem facing Nigeria today is that of political leadership.  Although Nigeria is confronted with various problems, but political leadership remains the greatest obstacle to its economic development.
      This study examined the impacts of political leadership on economic that are responsible for the sharp difference in level of economic development level Nigeria and India.  A comparative analysis of the link between political leadership and national economic development in Nigeria and India will offer the needed explanation for the contrasting experiences of economic development in Nigeria and some developing countries. Nigeria and India gained Independence from Britain in October 1, 1960 and August 15, 1947 respectively. They both have similar political and legal institutions as well as economic and educational systems, and their societies are multi-ethnic, multi-lingual, multi-religious and populous.   Today, these two countries no longer have things in common as they have moved and transformed through various stages of their political, social and economic development. If these countries had things in common at independence, why has India today developed faster than Nigeria?  

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    • ABSRACT - [ Total Page(s): 1 ]At independence, the economies of Nigeria and India were dominated by primary production, mainly agriculture. However, within some decades, India transformed and overtook Nigeria, emerging as one of the fastest growing economies in the world, while Nigeria’s development lagged behind considerably. This research comparatively assessed the role of leadership in economic development experiences of these two countries from the period of their independence to 2013. The indices of comparison we ... Continue reading---