The Effects Of Foreign Aids On National Development

ABSTRACT

THIS STUDY IS CONCERNED WITH THE EFFECTS OF FOREIGN AIDS ON NATIONAL DEVELOPMENT. (A CASE STUDY OF FOREIGN HEALTH AIDS TO NIGERIA FROM (1999-2003). THE TOPIC ATTEMPT TO EXAMINE THE EFFECT OF HEALTH AIDS IN NIGERIA ECONOMY FROM 1999-2003. THE WORLD HEALTH ORGANIZATION IS A SPECIALIZED AGENCY OF THE UNITED NATIONS (UN) THAT ACTS AS THE COORDINATING AUTHORITY ON INTERNATIONAL PUBLIC HEALTH. THEY ALSO CONTROL OUTBREAK OF INFECTIONS, DISEASES, INFLUENZA HIV/AIDS. THEY ALSO SPONSOR PROGRAMMES TO PREVENT AND TREAT SUCH DISEASES. QUESTIONNAIRE WERE DISTRIBUTED AMONG THE STAFF OF WORLD HEALTH ORGANIZATION (WHO) AT YUSUR NATIONS STREET OFF YAKUBU GOWON WAY ASOKORO, ABUJA IN FINDING OUT WHAT THEY THINK ABOUT HEALTH AIDS RECEIVED BY NIGERIA FROM DEVELOPED COUNTRIES USING TABLE OF FREQUENCY AND PERCENTAGE IN COLLECTING THE DATA. COLLECTED DATA WERE ANALYZED AND DISCUSSED IN THE FOURTH CHAPTER. PERCENTAGE TECHNIQUES WERE EMPLOYED IN THE ANALYSIS BASED ON THE ANALYSIS MAJOR FINDINGS WERE MADE WHICH FORMED THE BEDROCK OF SOME RECOMMENDATION MADE BY THE RESEARCHER THE FINDINGS THAT DEVELOPED COUNTRIES ATTACH STRINGS TO THE AIDS THEY GIVE TO DEVELOPING NATIONS. THE WORLD HEALTH ORGANIZATION HAS HELPED TOWARDS REDUCISING THE RATE OF MALARIA THROUGH THE PROVISION OF MOSQUITO NETS AND POLIO IN NIGERIA. ALSO EXECUTORS OF PROJECTS SHOULD NOT EMBEZZLE MONEY ALLOCATED FOR HEALTH AIDS BUT SHOULD USE THE MONEY JUDICIOUSLY.

CHAPTER ONE

INTRODUCTION

        Imperialism has been the most powerful force in the world history. It means the process whereby the dominant politico-economic interest of a nation dominate the raw material and markets of another people. Imperialism can also be defined as a policy extending a country’s power and influence by establishing colonies. Foreign and has been said to be a situation whereby developing county gets money and other aids to solve their problems for the good of the masses or citizens. There is no developing county that is not in one way of the other colonial before independence, looking at the third world countries, most especially Africa and using Nigeria as a study, one will begin to wonder what the county has been doing with the different kinds of aids it has been receiving.

1.1     BACKGROUND OF STUDY 

This study is prompted by the poverty level in the county despite huge foreign aids over the year. According to the 2008 world fact book about Nigeria it says that the unemployed rate is 5.8% population below poverty line 60%. It is also recorded that a Nigerian lives below one dollar which is one hundred and fifty naira in Nigeria Currency.

They county (Nigeria received huge sum of money from different organization including the United States of America for improving health sector in the country yet the death rate has increased with children dying by malaria everyday).

1.2     STATEMENT IF THE STUDY

During the regime of President Olusegu Obasanjo 1999-2007. The issues of foreign aid was outstanding most especially on borrowing to move the country forward and also on gaining debt forgiveness from the Paris Club which Nigeria owes about thirty billion dollars. Some politicians and scholars believed that getting foreign aids in farm of loan was needed while some said no the idea because it will increase the nations debt profile and make the nation to apply the condition usually attached to such loans.

It appears that foreign aid when harnessed fully and effectively used by the developing nations will actually lead to development. Also, the leading nations and international agencies that give loans should reduce their interest rate and other strings they attach to aid; the main problem of this study.

Includes an attempt to see whether Nigeria should continue to depend on the foreign aid it has been receiving and whether it will lead to the country’s development and whether the politicians and others incharge of allocating resources will be judicious in the application of fund meant for projects.

1.3     PURPOSE OF THE STUDY

This study is an attempt to investigate the effects of foreign aid on the economy of developing nations. In this study also we will look at the advantages and disadvantages of foreign aids. The main issue to be probed in this study are whether countries that offer foreign aid like USA, Britain, France etc attach strings or conduction to the aid given to the developing nations? Whether the receiving nation (developing nations use the foreign aid judiciously.