Indigenisation in Nigeria: Renationalisation or Denationalisation?

  • Thomas J. Biersteker


During the 1970s there has been a growth in the role of the state and an assertion of economic nationalism throughout Africa. As in the rest of the developing world, most national states have increasingly taken on regulative, welfare and planning functions, and the state has become a major (if not the major) economic actor in many countries [1]. At the same time, policies of economic nationalism (nationalisation and indigenisation) have become widespread in Africa and most host-countries have levied increasingly stringent regulations on the operations of foreign firms [2].


Vote Rule Foreign Capital Local Partner Transnational Corporation Share Capital 
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Notes and References

  1. 1.
    Alfred Stepan, The State and Society: Peru in Comprative Perspective (Princeton University Press, 1978).Google Scholar
  2. 2.
    C. Fred Bergsten, Thomas Horst and Theodore H. Moran, American Multinationals and American Interests (Washington: Brookings Institution, 1978).Google Scholar
  3. 3.
    Robert Gilpin, U.S. Power and the Multinational Corporation (New York: Basic Books, 1975).Google Scholar
  4. 5.
    Ankie Hoogvelt, ‘Indigenisation and Foreign Capital: Industrialisation in Nigeria’, Review of African Political Economy, 14, January–April 1979, pp. 56–68.CrossRefGoogle Scholar
  5. 6.
    O. Aboyade, ‘Closing Remarks’ in Nigeria’s Indigenisation Policy, proceedings of the Symposium organised by the Nigerian Economic Society (University of Ibadan, 1974); P. C. Asiodu, ‘Closing Remarks’ in Nigeria’s Indigenisation Policy.Google Scholar
  6. 9.
    Paul Collins, ‘The Policy of Indigenisation: an Overall View’, Quarterly Journal of Administration, January 1975.Google Scholar
  7. 13.
    E. O. Akeredolu-Ale, ‘Private Foreign Investment and the Underdevelopment of Indigenous Entrepreneurship in Nigeria’ in Gavin Williams (ed.), Nigeria: Economy and Society (London: Rex Collings, 1976).Google Scholar
  8. 15.
    Terisa Turner, ‘MNCs and the Instability of the Nigerian State’, Review of African Political Economy, 5, January–April 1976, pp. 63–79;CrossRefGoogle Scholar
  9. Gavin Williams, ‘A Political Economy’ in Gavin Williams (ed.), Nigeria: Economy and Society (London: Rex Collings, 1976) pp. 11–54.Google Scholar
  10. 19.
    For example, Bergsten cites Nigeria’s indigenisation programme as an illustration of growing economic nationalism in the Third World; C. Fred Bergsten, ‘Coming Investment Wars?’, Foreign Affairs, 53 (1), October 1973, pp. 135–52. Evans devotes a section of his concluding chapter to apply his triple alliance ideas to Nigeria;CrossRefGoogle Scholar
  11. Peter Evans, Dependent Development: the Alliance of Multinational, State and Local Capital in Brazil (Princeton University Press, 1979) pp. 309–14. See also Chapter 1 in this book.Google Scholar
  12. 24.
    Although Nigerians have historically played an intermediary role in West African trade and commerce, it would be a mistake to suggest that their present approaches to transnational corporations simply reflect an inability or an unwillingness to play any other role today. See especially E. O. Akeredolu-Ale, The Underdevelopment of Indigenous Entrepreneurship in Nigeria (Ibadan University Press, 1975), andGoogle Scholar
  13. Thomas J. Biersteker, Distortion or Development? Contending Perspectives on the Multinational Corporation (Cambridge, Mass.: MIT Press, 1978) for examples of Nigerian capabilities in the performance of productive and non-intermediary functions in economic activities.Google Scholar

Copyright information

© Timothy M. Shaw and Olajide Aluko 1983

Authors and Affiliations

  • Thomas J. Biersteker

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