The Economic situation in most Third World countries since independence have not shown signs of improvement. The result is that those at the prime of their lives which would have stirred the economy to greater height are moving en masse out of the area in search of greener pastures elsewhere especially across the desert into Europe, a situation that has negatively affected her development over the years in these Third World Countries using Nigeria as example. The impact-effect as well as the how, why and when of this is what this paper intends to interrogate as it relates to the Nigerian situation as well as those of her neighbors especially in the last two centuries using the facts and lessons of history. Data obtained from primary and secondary sources (literature review and content analysis) were deployed to carry out the study with an analytical and narrative historical method.
