Research and Economic Rebirth: A Philosophical Overview

Abstract

The Nigerian nation is presently experiencing economic crisis which implies
that, a lot is wrong with the system and need to be reassessed. It is therefore
pertinent for professionals to carry out in-depth research to identify problems
that threaten the economic stability, and strive for enduring remedy. A society that researches regularly is exposed to new ideas, facts and techniques that will serve as tools for sustenance and continuity. The technological status of a nation is dependent on research and development; hence research occupies a prominent aspect of the nation’s educational programmes. This review therefore undertakes a philosophical overview of research and economic rebirth. It highlights the causes of the present economic set back in Nigeria to include corruption, godfatherism and distressed banking. Based on this premise, it is recommended that Government should sincerely do everything possible to stamp out corruption
in the country starting from the top.