The History of Nigeria

by Toyin Falola

The History of Nigeria

Drawing on a large body of primary and secondary sources, this book analyzes the history of Nigeria from its early period to the present. All the major historical themes are covered, notably precolonial and indigenous state systems and societies, the penetration of Europeans that ended in colonial subjugation, nationalist struggles, and the various administrations since the country attained its independence in 1960. Nigeria is yet to emerge as a strong united nation, and its efforts at creating political stability and economic development have been disappointing. This book captures the history of lost opportunities and the mismanagement of a country with all the resources to become a world power.

Culture, Politics, and Money Among the Yoruba

edited by Toyin Falola and Akanmu Adebayo

Culture, Politics, and Money Among the Yoruba

This masterful work investigates and analyzes several aspects of money among the Yoruba of Nigeria. The authors explore the origin, philosophy, uses, politics, and problems of acquiring and spending money in Yoruba culture. No prior book exists on this aspect of a major ethnic group in Africa with established connections with the black Diaspora in North America and the Caribbean. Part 1, "Money and Its Uses," focuses on the transition from barter to cowry currency, and the idealistic and pragmatic views of moneyto the development of savings, banking, and credit institutions. Part 2, "Money and Its Problems," investigates the social, political, and cultural problems of money, including money-lending, theft, counterfeiting, and corruption. Part 3, "Money and Oil Economy," assesses the impact of the oil industry on the Nigerian state and examines both the positive and negative effects of oil money on Yoruba economy, society, and spending. Concluding chapters detail efforts to arrest the crisis that followed the economic slump after the oil boom and led to the adoption of the Structural Adjustment Program.