ABSTRACT
Capital investment and the impact in Nigeria and other third World countries are very slow when compared with capital investments of the advanced countries like USA, Britain, Germany etc. The causes of these differences range from low-capital savings, low investment, low capital accumulation i.e. the term Γ’β¬Ε“Vicious circle of povertyΓ’β¬Â and other related Geo-socio-cultural problems predominant in the African continent which is not peculiar with Nigerian style at investments.
In the project attempts were made to X-ray these problems and possible antdots which will serve as a panacea to these myriads of problems. Such results and findings include: creating awareness politically, total patriotism like those exhibited by George Ashington of America, Zike of Africa, Nkurmah of Ghana, to mention but a few. Also, eschewing social vices like, slander, corrupt practices, showing equity discourage avarice, entrench a lasting, tested democratic society for the betterment of all Nigerians. This will help us to achieve all aims, inability the teachings of God, exhibiting tolerance, peace, love, brotherliness as we have no any other country, than Nigerian we have to stay her and selvage it together.
- Rtd Major General Muhammadu Buhari
- Ex-head of State of Nigeria.
It is expected that the implementation of the finding and recommendations in this research works there will be more improvement in the capital investments and other sectors of the economy for us to match happily into the 21st century.
