IIARD International Institute of Academic Research and Development

IIARD International Journal of Economics and Business Management (IJEBM )

E-ISSN 2489-0065
P-ISSN 2695-186X
VOL. 2 NO. 8 2016

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The Nexus between Effective Leadership and Vibrant Economy: the Nigerian Case

Oguntuase Adebayo Adefemi & Godson Keh1nde Oyedeji

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Abstract

Leadership is the vehicle that has the capacity to transform a nation and propel it to the highest point of economic buoyancy if it is in the hands of dedicated, selfless people. It becomes effective when it harnesses resources at its behest to impact positively and meaningfully on the lives of the followership. This paper posits that national economy will depend on whether leadership is good or bad. In other words the paper establishes a correspondence between good leadership and a buoyant economy. It also, in retrospect assesses the performance of the Nigerian leadership that predators the incumbent and points out that it’s lustreless performance impacted negatively on the national economy. It goes further to the x-ray the present government and its activities which have led to the return of hope and a forward leap for the national economy. The paper concludes that there is a nexus between effective leadership and vibrant economy. It recommends that Nigeria should guard against the emergence of poor leadership and its attendant deleterious consequences ; that the cost of governance which is prohibitively high should be reduced drastically; that there should be a renewed fight against insurgency especially in the North Eastern part of Nigeria; that the war on corruption should be sustained until it is totally wiped out and that the efforts to make energy available in terms of availability of fuel at filling stations should be maintained.

keywords:

Economic buoyancy, effective leadership, rapid transformation, followership.

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