This study examines the relationship between the third world countries and the western capitalist countries. It shows dependency as a phenomenon or problem of relationship that gave rise to the economic growth and development of the western world in expense of the third world societies which are economically underdeveloped, and lack  the capacity  and ability to control the economic system or productive processes of the societies. In our attempt to analyze and address this problem we used dependency theory for the analytical framework while documentary research method was employed in gathering and analyzing data. Unequal relationship between Nigeria and countries of the western world coupled with negative role of the Nigeria economic elite was discovered as the major problem, it was ascertained that this problem is historically rooted in foundation of the society, as such, ordinary measures are not suitable, rather concrete type in form of socialist transformation is recommended by the study.

Title page  

Approval page  

Dedication          

Acknowledgement         

Abstract          

Table of content         

CHAPTER ONE 

Introduction          

1.1 Statement of the problem        

1.2 Objective of the study        

1.3 Significance of the study        

1.4 Theoretical frame work        

1.5 Hypothesis          

1.6 Literature review               

1.7 Definition of the terms             

1.8 Method of data collection/analysis            

1.9 Scope of the study                

1.10 Limitation of study            

Reference              

       

CHAPTER TWO 

THE ORIGIN OF DEPENDENCY RELATIONSHIP BETWEEN THE NIGERIA AND WESTERN WORLD 

2.1 The pre-colonial political economy       

2.2 The colonial political economy       

2.3 Post colonial political economy 

     

CHAPTER THREE

THE RELATIONSHIP BETWEEN NIGERIA AND THE CAPITALIST COUNTRIES OF THE WESTERN WORLD 

3.1 Dependency relationship      

3.2 The positive  roles of multi national corporations 

3.3 The negative role of multinational corporations  

3.4 High rate of importation in Nigeria    

3.5 Foreign loan in Nigeria      

3.6 The roles of international financial institution in Nigeria         

CHAPTER FOUR 

NEGATIVE ROLES OF NIGERIAN ECONOMIC ELITE 

4.1 Problem of corruption      

4.2 Foreign oriented economic policies    

4.3 The structural adjustment programme (SAP)   

4.4 National Economic Empowerment

Development strategy (NEEDS)    

4.5 Lack of ability of self reliance    

CHAPTER FIVE 

5.1 Summary         

5.2 Conclusion        

5.3 Recommendation       

Bibliography