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NIGERIA’S ECONOMIC CRUNCH: RADICAL PROGRAMMES NEEDED TO END CAPITALISM-INDUCED CRISIS

NIGERIA’S ECONOMIC CRUNCH: RADICAL PROGRAMMES NEEDED TO END CAPITALISM-INDUCED CRISIS 1.       Nigeria’s economy is in serious dire strait , no doubt. a.      By the end of this month, ten manufacturing businesses will close shop according to Manufactturers’ Association of Nigeria (MAN), while over 50,000 jobs have already being lost in Abuja, according to Chair of Abuja Chamber of Commerce (Punch, 24/02/2016), all due to inability to access forex for raw materials and business activities. In fact, in December 2015 when dollar sold for less than N260 at parallel market, non-oil export fell by 25% month-on-month and 75% year-on-year, mostly driven by fall in food and mineral export (ProShare, 16/02/2016). By the end of this quarter, there are expected mass layoffs across boards. b.       The current economic crisis exemplified by the revenue fall and foreign exchange crisis, is a product of many years of neo-liberal and anti-developmental policies administered by agents of gl

Boko Haram in Nigeria: Historical and Political Economic Exploration

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Raising the Bar of Scholarship from the Left: A Review of ‘Boko Haram in Nigeria’ by Kola Ibrahim

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Raising the Bar of Scholarship from the Left: A Review of ‘ Boko Haram in Nigeria’ by Kola Ibrahim Book Title:     Boko Haram in Nigeria: Historical and Political-Economic Exploration Author:          Kola Ibrahim Year:              2015 Pages:             115 Book Reviewer: Lawal Rafiu Adeniran (M.A Peace and Conflict Studies) As a testament to Samuel Huntington’s Clash of Civilisation theory, which is also manifesting in what Mary Kaldor describes as ‘new wars’, a new dimension of conflicts has established itself in International politics. These conflicts now come in form of armed insurgency, violent secessionist, ethno-religious conflicts etc. Africa, no doubt occupies an important seat in the theatre of war. In Nigeria, Jama’atu Ahlis Sunna Lidda’ Awati Wal-Jihad popularly called Boko Haram has been responsible for the death of over 14,000 people (both combatants and civilians), displacement of over 1.5 million persons, destruction and loot of properties w