Publisher's Synopsis
This study examines the operations of the popular economy and social life of southern Nigerian people under the incoherent conditions that followed Nigeria's first currency devaluation in 1986. It describes in detail the institutional and cultural innovations that fostered local economic activity and strengthened social groupings. The book questions standard views of either chaos or stagnation in the African popular economy under autocratic rule and incoherent policy. It shows how over 100 million people continued to make a living and maintain high levels of equanimity and productivity even in the face of chronic turbulence.
