Beginning with a general survey of the politics of Nigeria's Second Republic which was overthrown by the military in December 1984, this volume then undertakes a rigorous examination of the socio-economic and political programmes of the two military administrations since - the Buhari and Babangida regimes. The text contends that the Babangida regime's International Monetary Fund-sponsored "Structural Adjustment Economic Programme" has had a devastating effect on the Nigerian economy. It contends that it has radically increased the levels of the country's net-capital transfers to the West, fuelled spiralling inflation, depressed local production particularly in industrial enterprises, and created mass unemployment. Finally, the book casts doubt on the democratic character of the military regime's "transitional" process to the restoration of civilian government in 1992, which has been a crucial arena of regime diktat and subterfuge.
Publisher: The Edwin Mellen Press Ltd