Nigeria: Africa's Giant

"Nigeria: Africa’s Giant" delves into the economic development and state building record of Africa’s most populous country. Despite being one of the continent’s largest oil-exporters, Nigeria’s economy has been struggling, and poverty is widespread. The country’s economies woes are mirrored by its political challenges, as Nigeria suffers from ‘state weakness’: corruption is entrenched at all levels of government, the country’s fiscal system is weak, and the state fails to provide basic public goods, including internal security. At the same time, there are signs of economic and political success. Economically, Nigeria has witnessed rapid growth of financial services and telecommunications, and is home to numerous cultural export products, including film (Nollywood), fashion, and music. Politically, Nigeria has maintained its commitment to democracy since 1999, and has seen increased civic participation of its bulging youth. This case allows students 1) to assess the deep roots of Nigeria’s economic struggles and state fragility; 2) to learn about the role of the ‘fiscal contract’ in societies; and 3) to explore avenues for Africa’s “troubled giant” to achieve to its economic and political potential.