Religion and the Nigerian Economy: A Moral Maxim

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Date

2013

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Volume Title

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Department of Sociology, University of Ilorin

Abstract

It is pertinent to state that in human history, religion is the keystone of the people’s lives and culture. No doubt, it builds and maintains human society. Also, economy reads the indices of economic situation of a country which in a way reflects the increase or decrease in growth and Gross Domestic Product. However, in Nigerian economy, there is nothing to write home about as a result of economy instability, hyper-inflation and policy somersault. In contemporary Nigerian society, there are obvious signs of decay and extinction. Even from politics to religion and from economy to morality. The paper however postulates that moral variables such as prudence, accountability, responsibility, commitment and among others are the catalysts or panacea to economic growth in Nigeria.

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Keywords

Culture, Religion, Economy, Morality

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