DIRECTIONS FOR IMPROVING THE SOCIAL CAPITAL MANAGEMENT SYSTEM IN THE STRATEGY OF INDIVIDUAL DEVELOPMENT OF TERRITORIAL COMMUNITIES IN NIGERIA
Abstract
The purpose of the article is to itemize directions for the improvement of social capital for developing individual territorial communities in Nigeria. Methodology of research. To achieve the goals set in the article, general scientific and special research methods were used: Analysis and synthesis, economic-mathematical, systematization and generalization, statistical and regulatory methods. Results. This article provides a concise overview of the challenges encountered in managing the directions that social capital should take while also describing workable avenues for improvement. This article notes that the challenges faced by social capital management in Nigeria are manifold. Trust, the keystone of effective and efficient cooperation within territorial communities, has, in certain regions, been eroded by historical, cultural, and economic factors. The lingering distrust can act as a significant impairment to collaborative and concerted initiatives and hinder the growth of social capital. The practical significance of the research results. The practical application of the proposed theoretical and applied approaches will increase the effectiveness of the social capital management system in the strategy of individual development of territorial communities.
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