TITLE:
Thickly Populated and Abundant Resources but Struggling with Development: The Case of Nigeria
AUTHORS:
S. Y. Ibrahim, Hadiza Mali Bukar
KEYWORDS:
Subject Matter of Development, Abundant Natural Resources, Economic Growth
JOURNAL NAME:
Theoretical Economics Letters,
Vol.11 No.3,
June
29,
2021
ABSTRACT: The study focused on the subject matter of
development. It attempted identifying reasons why a nation densely populated
and blessed with abundant natural resources battle with development. The study
depended on secondary data and historical
description method used in data collection and analysis. Problems about
religion, ethnicity and syndrome for getting rich quick are hampering any strategy
for development in Nigeria. It is therefore recommended among others that the
society must rise up to challenge any support for the quest to get rich quick syndrome so that corruption can be controlled
or reduced being a dominant factor.