Since Nigeria gained independence in 1960, it has been receiving foreign assistance from the United States, United Kingdom, China, Japan, European Union, the World Bank, among others. Given the high dependency of Nigeria on the export of primary products and lack of technological development, reliance on foreign aid remains one of the reasons for its underdevelopment.
Foreign aid should foster economic development, alleviate poverty, and promote self-sufficiency in…
Read the full article here