ABSTRACT
Existing narrative on globalization has mostly been couched in positive light; and even when some negativity is explained, it exposes little, and thereby leaves much to be desired. Considering the phenomenon as a serious event that impacts on several facets of the state, one realizes that extant literature are yet to fully capture the impact that the phenomenon has had on Nigeria.
This study, though not meant to contend perspectives, is conducted in order to excoriate the façade often put forward in order to shroud the negative dimension of the impacts of globalization on and/or in Third World countries, particularly Nigeria. In this vein, the study adopts Dependency and Neo-Marxist orientations in order to explain how globalization has impacted the Nigerian society. Following on this, both primary and secondary sources of data were explored while gathering the necessary data used in the process of writing this study.
Flowing from the foregoing, the study, while agreeing with the existing narratives on the positive impacts that globalization might have had on Nigeria, it finds out that the phenomenon has not only deepened the dimension of poverty and underdevelopment in the country, but has brought to bear dangerous type of asymmetry in Nigeria‟s relations with the major powers within the international system.