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Author : Felix Deji Akhimie
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (863 download)
Download or read book Impact of Oil on Nigeria's Economic Development written by Felix Deji Akhimie and published by . This book was released on 1978 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Augustine A. Ikein
Publisher :
ISBN 13 :
Total Pages : 368 pages
Book Rating : 4.X/5 (2 download)
Download or read book The Impact of Oil on a Developing Country written by Augustine A. Ikein and published by . This book was released on 1991 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Irina Romanova
Publisher : GRIN Verlag
ISBN 13 : 3638605841
Total Pages : 33 pages
Book Rating : 4.6/5 (386 download)
Download or read book Oil boom in Nigeria and its consequences for the country s economic development written by Irina Romanova and published by GRIN Verlag. This book was released on 2007-02-03 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2007 in the subject English Language and Literature Studies - Culture and Applied Geography, grade: 1,3, University of Paderborn, course: Commonwealth of Nations, language: English, abstract: The energy sector plays a vital role in Nigeria’s economy since the country is endowed with abundant energy resources, such as oil, gas, coal and water. Oil was discovered in 1958 and has since the early 1970s dominated the economy. Today, Nigeria is the largest oil producer in sub-Saharan Africa and since 1971 a member of OPEC, with an estimated production volume of 2.413 million barrel/day (2005). This makes it the world's sixth largest producer. Since 1960, Nigeria has reaped an estimated US$600 billion in oil revenue. At the same time, Nigeria has the third highest number of poor people in the world, after China and India. With a per capita income of about US$ 350, around 70 million Nigerians are living on less than one US Dollar a day. Low human development level, social conflicts and enviromental degradation are just a few problems which chararterize the current state of development in Nigeria. The question to be asked is why a country such as Nigeria which is highly endowded with one of the most valuable resources has faired disproportionally badly in economic and social terms? Why has so little been done in terms of human development? Besides, the Niger Delta region - the main producer of oil in Nigeria - though being the engine of Nigeria’s economy, also presents a paradox, because the vast oil revenues have barely touched the delta’s own pervasive local poverty. Vast natural resource reserves have many implications. They may affect socio-economic and political developments of the country as well as have considerable enviromental implications. While natural resource reserves (oil and other mineral resources) constitute a potential blessing for the country that owns them, they turn out to be a curse in most cases.
Author : J. K. Onoh
Publisher : Routledge
ISBN 13 : 1351390031
Total Pages : 143 pages
Book Rating : 4.3/5 (513 download)
Download or read book The Nigerian Oil Economy written by J. K. Onoh and published by Routledge. This book was released on 2017-09-05 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: The development of Nigeria's oil industry is examined comprehensively in this book, originally published in 1984. It charts the changing course of her economy and examines the dramatic effect oil has had on Nigeria's domestic and international policies. Oil has enabled her to command a powerful position in African affairs and within OPEC itself, but at the same time, has held back other forms of economic development. Nigeria's future in the oil industry, as well as in related fields such as gas, is assessed both in the light of her former policies and in the changing world economy. This book will be of interest to all concerned in the oil industry, international finance or world power politics.
Author : Prince Emeka Ndimele
Publisher : Academic Press
ISBN 13 : 0128096284
Total Pages : 487 pages
Book Rating : 4.1/5 (28 download)
Download or read book The Political Ecology of Oil and Gas Activities in the Nigerian Aquatic Ecosystem written by Prince Emeka Ndimele and published by Academic Press. This book was released on 2017-11-17 with total page 487 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Political Ecology of Oil and Gas Activities in the Nigerian Aquatic Ecosystem reviews the current status of the ecosystems and economic implications of oil and gas development in Nigeria, a key oil-producing state. The ecological and economic impacts of oil and gas development, particularly in developing nations, are crucial topics for ecologists, natural resource professionals and pollution researchers to understand. This book takes an integrative approach to these problems through the lens of one of the key oil-producing nations, linking natural and human systems through the valuation of ecosystem services. Provides background information on Nigerian aquatic environments, its local history of oil exploration and a review of the physical chemistry of crude oil Reviews global and national perspectives on the oil and gas industry from a physical ecological, to a socio-political and economic ecological perspective Demonstrates real-life situations of the interactions and impacts of Nigerian petroleum production on the environment and local populations through case studies
Author : Augustin Ikein
Publisher : Praeger
ISBN 13 : 0275933644
Total Pages : 0 pages
Book Rating : 4.2/5 (759 download)
Download or read book The Impact of Oil on a Developing Country written by Augustin Ikein and published by Praeger. This book was released on 1990-12-11 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study provides a comprehensive and balanced analysis of the impact of the oil industry on a particular developing country--Nigeria--over a period of 32 years. Ikein uses a multidimensional approach that enables him to identify the linkage between the performance of the oil industry and the pattern of Nigeria's national and regional development. Through an in-depth examination of the various socioeconomic factors thought to influence the social well-being of a group of people, he explores whether and how the Nigerian people have been helped by the supposed benefits of oil on their economy, challenging those who see benefits in purely economic terms
Author : Nico Grünewälder
Publisher : GRIN Verlag
ISBN 13 : 3668139814
Total Pages : 15 pages
Book Rating : 4.6/5 (681 download)
Download or read book The Impact of Crude Oil in Nigeria. A Blessing or a Curse? written by Nico Grünewälder and published by GRIN Verlag. This book was released on 2016-02-04 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (postgraduate) from the year 2013 in the subject Politics - Region: Africa, grade: 1,0, , course: International Business, language: English, abstract: How did crude oil affect the economic growth and the poverty of Nigeria? This paper is going to analyze effect of crude oil on the Nigerian economy. We examine the correlation between fuel exports and GDP per capita growth, and poverty headcount ratio between 1960 and 2012. Since the discovery of crude oil in Nigeria the economy of Nigeria has improved, increasing the GDP through the sales of oil barrels abroad. The paper observes that the blessings from crude oil resource in Nigeria at large takes the form of increased government revenues, increased export earnings, the attendant improvement, opportunities and linkage effects in the economy. However the paper is majorly going to focus on the variables between the increased GDP and the increase poverty level. This paper is of the view that crude oil resource is more of curse than a blessing to the Nigerian economy.
Author : Christian Dare Odofin
Publisher :
ISBN 13 :
Total Pages : 192 pages
Book Rating : 4.:/5 (44 download)
Download or read book The Impacts of the Multinational Oil Corporations on Nigeria's Economic Growth written by Christian Dare Odofin and published by . This book was released on 1979 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Arnim Langer
Publisher : Leuven University Press
ISBN 13 : 9462702004
Total Pages : 396 pages
Book Rating : 4.4/5 (627 download)
Download or read book Oil Wealth and Development in Uganda and Beyond written by Arnim Langer and published by Leuven University Press. This book was released on 2020-01-07 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Multidisciplinary perspectives to governance of oil in African countries Large quantities of oil were discovered in the Albertine Rift Valley in Western Uganda in 2006. The sound management of these oil resources and revenues is undoubtedly one of the key public policy challenges for Uganda as it is for other African countries with large oil and/or gas endowments. With oil expected to start flowing in 2021, the current book analyses how this East African country is preparing for the challenge of effectively, efficiently, and transparently managing its oil sector and resources. Adopting a multidisciplinary, comprehensive, and comparative approach, the book identifies a broad scope of issues that need to be addressed in order for Uganda to realise the full potential of its oil wealth for national economic transformation. Predominantly grounded in local scholarship and including chapters drawing on the experiences of Nigeria, Ghana, and Kenya, the book blazes a trail on governance of African oil in an era of emerging producers. Oil Wealth and Development in Uganda and Beyond will be of great interest to social scientists and economic and social policy makers in oil-producing countries. It is suitable for course adoption across such disciplines as International/Global Affairs, Political Economy, Geography, Environmental Studies, Economics, Energy Studies, Development, Politics, Peace, Security and African Studies. Contributors: Badru Bukenya (Makerere University), Moses Isabirye (Busitema University), Wilson Bahati Kazi (Uganda Revenue Authority), Corti Paul Lakuma (Economic Policy Research Centre), Joseph Mawejje (Economic Policy Research Centre), Pamela Mbabazi (Uganda National Planning Authority), Martin Muhangi (independent researcher), Roberts Muriisa (Mbarara University of Science and Technology), Chris Byaruhanga Musiime (independent researcher), Germano Mwabu (University of Nairobi), Jackson A. Mwakali (Makerere University), Tom Owang (Mbarara University of Science and Technology), Joseph Oloka-Onyango (Makerere University), Peter Quartey (University of Ghana), Peter Wandera (Transparency International Uganda), Kathleen Brophy (Transparency International Uganda), Jaqueline Nakaiza (independent researcher), Babra Beyeza (independent researcher), Jackson Byaruhanga (Bank of Uganda), Emmanuel Abbey (University of Ghana).
Author : Bronwen Manby
Publisher : Human Rights Watch
ISBN 13 : 9781564322258
Total Pages : 230 pages
Book Rating : 4.3/5 (222 download)
Download or read book The Price of Oil written by Bronwen Manby and published by Human Rights Watch. This book was released on 1999 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Attempts to Import Weapons
Author : Olomola Philip Akanni
Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.F/5 ( download)
Download or read book Oil Wealth and Economic Growth in Oil Exporting African Countries written by Olomola Philip Akanni and published by . This book was released on 2007 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Augustine Sadiq Okoh
Publisher : Springer Nature
ISBN 13 : 3030607852
Total Pages : 254 pages
Book Rating : 4.0/5 (36 download)
Download or read book Oil Mortality in Post-Fossil Fuel Era Nigeria written by Augustine Sadiq Okoh and published by Springer Nature. This book was released on 2020-11-21 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an insight into the complexities of weaning Nigeria from its fossil fuels addiction while growing the economy on low carbon trajectory. Nigeria faces a carbon catch 22 with the proliferation of renewable energy alternatives and scale-up of electric vehicles. The dilemma Nigeria is confronted with is to grow its fossil-led economy or face the challenge of its fossil infrastructure becoming stranded assets. It is a roadmap for plotting an environmentally benign path out of the country’s economic, social and environmental crises. This book is, therefore, a valuable resource for students, Civil Society Organizations, policymakers, academics and climate change adaptation practitioners who are interested in finding an environmentally sensitive path out of Nigeria’s economic cul-de-sac fostered by the decarbonization of the global energy economy. Findings of this study will trigger a national conversation on the looming exit from fossil fuels. In doing so, accelerate the integration of renewable energy into the Nigerian national development plan while building a carbon neutral society. Lessons learnt from the handling of Nigeria’s precarious circumstance will be of immense benefit to other oil prospecting, oil producing and non-producing nations who are interested in finding an equitable way of pursuing two inversely related goals of meeting their decarbonization commitments while simultaneously growing their economies in the post-Paris era.
Author : Emeka A. Duruigbo
Publisher :
ISBN 13 :
Total Pages : 324 pages
Book Rating : 4.F/5 ( download)
Download or read book Managing Oil Revenues for Socio-economic Development in Nigeria written by Emeka A. Duruigbo and published by . This book was released on 2004 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Newman Enyioko
Publisher : GRIN Verlag
ISBN 13 : 3346146243
Total Pages : 22 pages
Book Rating : 4.3/5 (461 download)
Download or read book Impact of Strategic Management on Economic Development in Nigeria written by Newman Enyioko and published by GRIN Verlag. This book was released on 2020-04-14 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Case Study from the year 2020 in the subject Business economics - Business Management, Corporate Governance, , course: Management, language: English, abstract: The study examined the impact of strategic management on economic development in Nigeria: a study of the oil sector. It further probed into how this has impacted on the management efficiency and effectiveness as strategic planning is essential in corporate organisations. Primary and secondary data were used for the study. The study made use of questionnaire to elicit information from employees in the oil sector. Data collected were analysed using descriptive and inferential statistics. The hypotheses were tested using the Pearson’s Product Moment Correlation Coefficient to establish the significance of relationship between the various variables used in measuring performance. The results of the hypotheses revealed that there is a significant and positive correlation between strategic management and economic development in Nigeria. The study therefore, concludes that strategic planning is beneficial to organisations in achieving set goals and recommends that oil companies and other corporate organisations alike, should engage in strategic management in order to enhance economic development in Nigeria.
Author : Kathrin Staub
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (14 download)
Download or read book The Impact of Oil Price Shocks on the Nigerian Economy written by Kathrin Staub and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This study analyses the impact of oil price changes on Nigeria's economy. Precisely, the strong oil price slumps in 2014 which had an adverse effect on the resource-rich economy. A Vector Auto regression [VAR] model is applied to analyse how oil price changes affect macroeconomic variables. The findings showed that oil price shocks did not have a major impact on every variable. However, it was observed from impulse response function and variance decomposition that changes in the real oil price contributed to almost 30% to the variation in the index of industrial production. Thus, this study suggests that the Nigerian government should diversify the economy away from oil in order to stabilize economic growth.
Author : Zainab Usman
Publisher : Zed Books
ISBN 13 : 1786993953
Total Pages : 0 pages
Book Rating : 4.7/5 (869 download)
Download or read book Economic Diversification in Nigeria written by Zainab Usman and published by Zed Books. This book was released on 2023-12-28 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria has for long been regarded as the poster child for the 'curse' of oil wealth. Yet despite this, Nigeria achieved strong economic growth for over a decade in the 21st century, driven largely by policy reforms in non-oil sectors. This open access book argues that Nigeria's major development challenge is not the 'oil curse', but rather one of achieving economic diversification beyond oil, subsistence agriculture, informal activities, and across its subnational entities. Through analysis drawing on economic data, policy documents, and interviews, Usman argues that Nigeria's challenge of economic diversification is situated within the political setting of an unstable distribution of power among individual, group, and institutional actors. Since the turn of the century, policymaking by successive Nigerian governments has, despite superficial partisan differences, been oriented towards short-term crisis management of macroeconomic stabilization, restoring growth and selective public sector reforms. To diversify Nigeria's economy, this book argues that successive governments must reorient towards a consistent focus on pro-productivity and pro-poor policies, alongside comprehensive civil service and security sector overhaul. These policy priorities, Nigeria's ruling elites are belatedly acknowledging, are crucial to achieving economic transformation; a policy shift that requires a confrontation with the roots of perpetual political crisis, and an attempt to stabilize the balance of power towards equity and inclusion. The eBook editions of this book are available open access under a CC BY-NC-ND 4.0 licence on bloomsburycollections.com. Open access was funded by The Carnegie Endowment for International Peace.
Author : Murtala Ibraheem Chindo
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (86 download)
Download or read book An Examination of the Socio-economic and Environmental Impact of Planned Oil Sands Development in Nigeria written by Murtala Ibraheem Chindo and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria became a mono-product economy through its heavy reliance on crude oil for export and revenue. As a result of oil price volatility and the need to increase national revenue and public spending, the Nigerian government has adopted a policy of diversification to non-oil minerals. This study focuses on oil sands that are considered second only to oil in terms of economic potential. This policy also means that Nigeria is moving towards finite resource and a dirtier form of crude oil. A national analysis of non-oil mineral activity using a GIS indicates that exploration, mining and quarrying are widespread; a potentially positive outcome for national mineral development. The government however, is failing to take into account the impact of this activity on communities and ecosystems overlapping or lying proximal to mining licences. A case study indicates that oil sands exploitation can have a positive impact on the host communities through infrastructure development, which can trigger small businesses, job opportunities and increased income. Despite these benefits, there are fears of environmental degradation, displacements, loss of communal lands and means of livelihood. Already, the long delays in the development of oil sands are fuelling anger, deprivation, land grabs and pollution, and worst of all, ever-deeper underdevelopment of these "conditional resource communities', which is aggravating the resource curse. For the oil sands projects to be feasible, beneficial and sustainable, Nigeria's quest for resource wealth must integrate economic growth, social equity and ecological integrity at this planning stage. The thesis makes original contributions to determining resource communities and to the cumulative body of knowledge on the potential impacts of resource development on host communities in a rent-seeking economy like Nigeria.
