Impact Of Globalization On The Nigerian Economy

CHAPTER ONE INTRODUCTION 1.1  Background of the Study Globalization, the increasing integration among nations has accelerated over the past half a century, driven largely by the remarkable expansion in international trade and extra ordinary advances in information and communication technologies (Ojeka, 2004). Globalization is not a simple phenomenon neither is it a uniform process rather, it is a process that is complex and multifaceted. The process has undoubtedly led to a high skilled labour force. But global capital still continues to look for cheap labour to export in it bid for profit max…