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This book examines the political and economic philosophy of Chief Jeremiah Oyeniyi Obafemi Awolowo and his concepts of democratic socialism (Liberal Democratic Socialism). It studies how Chief Awolowo and his political parties, first the Action Group (AG) 1951-1966 and later the Unity Party of Nigeria (UPN) 1978-1983, acted in various Nigerian political settings. Chief Awolowo was a principled man, who by a Spartan self-discipline and understanding of himself, his accomplishments, failures and successes, was a fearless leader. He has set an example of leadership for a new generation of Nigerian politicians. He was not only a brilliant politician, but a highly cerebral thinker, statesman, dedicated manager, brilliant political economist, a Social Democrat, and a committed federalist. From all accounts, Chief Awolowo knew the worst and the best, laughter and sorrow, vilification and veneration, tribulations and triumphs, poverty and prosperity, failures and successes in life.