Political Instability and Organizational Competitiveness Sustainability in Nigeria

Abstract

Nigeria happens to be one of the African countries that have been subjected to economic misery as a result of political instability. Political instability is becoming prevalent in our society today with its attendant consequences of lowering both the competitiveness of industries and the pace of economic development generally. The study focuses on achieving political stability which entails reduction in religious tensions, ethnic tensions, control of corruption, reduction in violent threats to government and changes in government terrorism, instability in government policies and regulations reduction, which helps in promoting economic growth. Business organizations have been fingered as playing an important role in a country‟s economic growth and job creation; hence its sustainability is vital for a nation‟s wellbeing. The study explores external and internal factors that influence organizational competitiveness.