There is a paradoxical relationship between democracy and development in Nigeria. In the twenty years of electoral democracy, poverty, inequality, unemployment, underemployment and insecurity have increased.
The hopes of citizens that democracy would lead to improved living standards have been dashed. Social justice and inclusive sustainable development have also been elusive. The economy has remained dependent on 2 primary sectors – agriculture and oil – and low value-added services.
The aspiration that by 2020, Nigeria would become one of the twenty leading economies in the world has not been achieved, the political elites have captured the state for personal gains and unsurprisingly, Nigeria remains one of the most corrupt countries in the world.