Article from ROAPE Volume 3 Number 5
MNCs and the Instability of the Nigerian State

Multinational Corporations and the Instability of the Nigerian State
Vol.3 No.5 (Spring 1976), pp63-79
Stability and instability is not just a matter of vulnerability to forcible changes of regime. A stable state is one in which authorised individuals make, apply and enforce legal imperatives and public policies. Nigeria continues to have a predominantly import-export economy, but one in which the state itself provides the main market for many others. Officials play a central role in Nigeria's commercial system. Foreign firms compete with one another for a share of the lucrative market by offering inducements. Bribes are the basis of competitive advantage. Turner continues with the conflict over oil policy and how it was crucial in the overthrow of Gowon.