Kingdonomics, An Alternative Economic Development Approach for Nigeria and Sub-Saharan Africa. Historical Background.

 

Kingdonomics, An Alternative Economic Development Approach for Nigeria and Sub-Saharan Africa. Historical Background. Nigeria had hardly mastered the basic character development of a barter system such as trust, integrity, relationship, effective communication and honesty in business before the invasion of the colonial masters. Nigeria is a Faith based nation and this is obvious in our national anthem, unfortunately, Nigerians themselves are beginning to loose faith in the nation Nigeria. For any economy to prosper, it must learn from the past and use the opportunity of the present to prepare for a better future, when this is not done, even the nationals will begin to lose faith and hope in such economy. A real transformational development begins from within not outside. Nigeria has attempted to copy the development theories and ideologies of other nations and has failed woefully, in fact globally, Nigeria and West Africa including Sub-Saharan Africa is considered the grave of many investment and developmental effort, however not with kingdonomics. Kingdonomics advocates righteous production, Peaceful distribution and joyful consumption. built on Truth beyond assumption, Faith beyond Facts, and Values beyond Money.