Globalization and De-Industrialisation in Post-Imperialism: A Re-Examination of the Nigerian Experience (Case Study‪)‬

Abstract Based on the popular neo-Marxist notion that globalization is imperialism disguised, this paper attempts to interrogate the profile of the indicators of de-industrialization in the context of the Nigerian manufacturing and finance sectors. The paper is a replication study of an earlier Nigerian research project that linked deindustrialisation in Nigeria with the globalization project. On the basis of a large body of empirical evidence from the sub-sectors, the hypothesis that links deindustrialization with globalization is controverted. It is however argued that while those indicators that lined de-industrialization with globalization have disappeared in the surface, the symptoms and crisis of industrial underdevelopment continue to flourish. The paper further concludes that globalization is a road cap and not necessarily an express route nor the journey of a robot to a development destination. On this score,, the paper recommends the strategy of integrated globalization that combines horizontal and vertical integration; driven by informed discriminatory and sector specific globalization programmes.