Post-colonial states are at a sizable disadvatage due to the damages done to the infrastructure and economic structure by their previous colonial masters. These colonial master states withdrew leaving pro-western puppet governments in place which left the state vulnerable to political instability and political voids. The World Bank, IMF and private sector entities are interested in the same capital expliotation as colonial master states pursued (only at cheaper costs than those expensed by colonizing master states for maintanence, defense and stability). Nigeria actually offers a great example of the transitioning of imperialism from colonialism to globalization (aka state to private sector) because when the British withdraw from Nigeria and Nigeria declared independence, the British quickly introduced Nigeria into the GATT/WTO (not to mention NIgeria entered into the UN/IMF/World Bank). The most important aspect of post-colonial states (whether African or South American) falls in the governments and infrastructure. The private sector can not invest in states riddled with instability, corruption or heavy levels of crime. If Nigeria, or other post-colonial states, want to benefit from foreign investment instead of simply being exploited by foreign private sector entities....the state must address all forms of instability, corruption or mass crime, which stems from a massive inequality of wealth distribution....and implement sound leadership.