Because it was under strict military rule.
Formerly a socialist command economy, now Russian-style crony capitalism
What is nigeria's economic system? What is nigeria's economic system?
traditional economic system command economic system market economic system
traditional economic system command economic system market economic system
planned or command economic system
Formerly a socialist command economy, now Russian-style crony capitalism
What is nigeria's economic system? What is nigeria's economic system?
traditional economic system command economic system market economic system
traditional economic system command economic system market economic system
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planned or command economic system
The government owns most economic resources with a command system.
It is very corrupt and dysfunctional.
A Market command system
Command
command economy
A command economic system is one in which people rely on the government to decide what products will be produced and who the products will be distributed to after they are produced.