Globalization and Public Policy in Nigeria: The External pressures of Privatization and Commercialization

This paper traces the historical context of globalization in Nigeria’s context, and opines that the structural Adjustment Programme (SAP) imposed by the IMF and World Bank in 1986 especially created a widened opening for the policy intervention by the Bretton Woods institutions. It adds that the present economic policy of the Obasanjo regime, along with the harsh social policies it generates, like the ones by its predecessors, cannot be devoid of the pressures exerted by the key agencies of globalization. In the final analysis, states like Nigeria can only struggle to limit the adverse effects of tins policy interference on the national policies and their populations, baseaon now much to open their economies, but can hardly escape from globalization and its external policy drive.