The paper discusses conceptual and theoretical approaches to African politics such as the Modernization School; Marxian School; and the Statist School of thought vis-à-vis development and underdevelopment paradigm. The paper uncovers critical argument in various schools of thought, the variables that have caused relative development and severe-underdevelopment in African society at present and in the past respectively. Using Nigeria as a point of departure and melting-point, it will critically and objectively identify the problems and challenges of development in Africa and offer suggestions that will move Africa further along the path of development. However, the paper concluded with statist school of thought attributing underdevelopment (poverty, unemployment, communal clashes, the rise of ethnic militia and militancy and so no) due to the problem of corruption and failure of governmental policies implementation in African, in a phrase bad leadership.
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