Aborting the Capitalist Preganancies While Ovulating the Latent Economy of Nigeria

The emergent Nigerian State was incorporated into the global capitalist economy as an unequal partner through imperial cum colonial penetrations. Capitalist penetration deposited factors which are described as pregnancies that are acting as obstacles to the development of the productive forces in Nigeria. This has positioned the country to be import dependent, thereby lacking the will and capacity to engender endogenous development and produce a naturally, materially, and humanly viable economy. It is posited in this paper that all vestiges of capitalism inhibiting the indigenous development of Nigeria should be aborted for an unhindered "ovulation" of the latent economy to accelerate the much-needed development of the country. The paper adopts the historical research design and data were gotten mainly from secondary sources, while depending on the problem-solving approach as the method for data analysis. Among others, it is recommended that deliberate policies should be initiated and implemented aimed at reviving the latent economy of Nigeria through the development of the country's productive forces.