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Oil And Socioeconomic Crisis In Nigeria
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Book Synopsis Oil and Socioeconomic Crisis in Nigeria by : Emmanuel U. Nnadozie
Download or read book Oil and Socioeconomic Crisis in Nigeria written by Emmanuel U. Nnadozie and published by . This book was released on 1995 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume explains Nigeria's rural devastation, agricultural production instability, and perverse food supply responses in terms of the country's destabilizing oil drama.
Book Synopsis The Nigerian Economy and the Oil Crisis by : Adedotun O. Phillips
Download or read book The Nigerian Economy and the Oil Crisis written by Adedotun O. Phillips and published by . This book was released on 1984 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Oil boom in Nigeria and its consequences for the country s economic development by : Irina Romanova
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.
Book Synopsis Oil in Nigeria by : Jedrzej George Frynas
Download or read book Oil in Nigeria written by Jedrzej George Frynas and published by LIT Verlag Münster. This book was released on 2000 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: 3.6. Land Use Act
Book Synopsis Managing Oil Revenues for Socio-economic Development in Nigeria by : Emeka A. Duruigbo
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:
Book Synopsis The Impact of Oil on a Developing Country by : Augustine A. Ikein
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:
Book Synopsis The Nigerian Economic Crisis by : Alkasum Abba
Download or read book The Nigerian Economic Crisis written by Alkasum Abba and published by . This book was released on 1985 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Between Resource Plenty and State Failure by : Christoph Vogel
Download or read book Between Resource Plenty and State Failure written by Christoph Vogel and published by GRIN Verlag. This book was released on 2011-11-04 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2009 in the subject Politics - Region: Africa, grade: 2,0, University of Cologne (Institut für Afrikanistik), course: Konfliktherd Nigeria, language: English, abstract: Mineral wealth and concomitant phenomena of violence state weakness and corruption have been widely brought into contact by numerous scholars, as a considerable number of empirical cases seem to give evidence to this. Particularly in Sub-Saharan Africa the examples of Sierra Leone, Nigeria, Democratic Republic of Congo and Angola – just to mention some of the most striking ones – led to various hypotheses about the influence of resource plenty on governance issues. Due to several specific characteristics, the case of Nigeria is different to many others. First of all, the Federal Republic of Nigeria turned out to be Africa’s most populous state with about 140 million citizens. In addition the social situation is rather unique, as Nigeria consists of more than 250 ethnic groups. The more than 500 spoken languages spoken in the country further illustrate the socio-cultural diversity. Nevertheless the three major communities include more than two thirds of the country’s total population. On the socio-economic dimension a key feature is the overwhelming importance of oil as almost single export good and major contributor of the country’s GDP. The strong dependence on oil has been challenging Nigeria’s economy considerably and can be seen as a major reason for socio-economic disparities throughout the country, not to forget that it has been the origin for its ‘(political) Dutch disease’. Contrarily to other so-called ‘crisis-states’ the main issues threatening statehood and stability in Nigeria can be rather seen as domestic problems. Transnational issues like the relations with Cameroon do not have the same structuring quality as in other states. Although Nigeria improved in TI's CPI of 2008 the country still faces ‘institutionalized’ clientelism and rent-seeking at almost each political and social level as poor performance in ‘group grievance’, ‘delegitimization of the state’ or ‘factionalized elites’ may illustrate. Secondly manifold forms of institutional and informal violence are destabilizing the socio-political architecture. Various attempts to counter those phenomena have been ineffective or implemented insufficiently, sometimes not at all. The result is a current situation of disorder, human insecurity, economic inequality fed by a prosperous environment for individual enrichment provided by a state which is rather effective in facilitating illicit political and economic behaviours, be they plundering of public goods, drug or weapon trade or other.
Book Synopsis Oil Mortality in Post-Fossil Fuel Era Nigeria by : Augustine Sadiq Okoh
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.
Book Synopsis High Stakes and Stakeholders by : Kenneth Omeje
Download or read book High Stakes and Stakeholders written by Kenneth Omeje and published by Routledge. This book was released on 2017-03-02 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria is Africa's largest oil producing country. Oil generates enormous wealth but also extensive and devastating conflict in the country. High Stakes and Stakeholders critically explores the oil conflict in Nigeria, its evolution, dynamics and most significantly, the interplay and consequences of high stake politics for the reproduction and persistence of the conflict. It presents a conceptual anatomy of state-oil industry-society relations and demonstrates how the embedded material interests and accumulation patterns of different stakeholders underlie, shape and complicate both the oil conflict and security. In addition, the book provides key insights into comparable conflicts elsewhere in the global south, developing a logical framework for resolving the oil conflict in Nigeria and for reforming the security sector. This book is valuable reading material for courses in international political economy, social ecology, development studies, African politics, conflict and security studies, and environmental law and management. It will also be of interest to policy practitioners, civil societies and the oil industry.
Book Synopsis Globalization, Democracy and Oil Sector Reform in Nigeria by : Adeoye O. Akinola
Download or read book Globalization, Democracy and Oil Sector Reform in Nigeria written by Adeoye O. Akinola and published by Springer. This book was released on 2018-01-26 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Nigerian state has been oil-rich for decades, and yet perennially incapable of converting its oil resources into wealth for ordinary Nigerians. Adeoye O. Akinola tackles this “vexed” oil question by examining the political economy of efforts to deregulate the Nigerian downstream oil industry. Focusing on themes of globalization and democratization, this book considers how a resource-rich developing country like Nigeria can exploit the opportunities of globalization and navigate the pressures of democratization and the challenges of liberalization. Pairing sophisticated theoretical frameworks with firsthand accounts from actors in the oil industry, this book identifies the root causes of Nigeria’s development struggles and offers practical policy solutions for successfully deregulating the oil sector. For public officials and policymakers as well as researchers, this book offers a critical new lens on the future of natural resource management in Nigeria and the Global South.
Book Synopsis Crisis and Adjustment in the Nigerian Economy by : Adebayo O. Olukoshi
Download or read book Crisis and Adjustment in the Nigerian Economy written by Adebayo O. Olukoshi and published by . This book was released on 1991 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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
Book Synopsis Nigeria’s macroeconomic crisis explained by : Arndt, Channing
Download or read book Nigeria’s macroeconomic crisis explained written by Arndt, Channing and published by Intl Food Policy Res Inst. This book was released on 2018-09-06 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria confronts a prolonged period of adjustment. For more than a generation, the oil sector generated large volumes of foreign exchange. However, with the recent bust in global oil prices and the resumed restiveness in the oil rich Niger-Delta region since 2014, Nigeria was thrust into macroeconomic crisis. Four years on, we argue that policymakers effectively responded to the dual shocks mainly through import compression. However, the scope for continued import compression is now distinctly limited. For Nigeria to grow and prosper, the long-discussed diversification of the export base must occur via rapid expansion of non-oil exports.
Book Synopsis The State, Accumulation and Violence by : F. O. Nyemutu Roberts
Download or read book The State, Accumulation and Violence written by F. O. Nyemutu Roberts and published by . This book was released on 1999 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Nigerian Environment and Socio-economic Development by : Darlington Iwarimie-Jaja
Download or read book The Nigerian Environment and Socio-economic Development written by Darlington Iwarimie-Jaja and published by . This book was released on 1998 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Understanding Modern Nigeria by : Toyin Falola
Download or read book Understanding Modern Nigeria written by Toyin Falola and published by Cambridge University Press. This book was released on 2021-06-24 with total page 691 pages. Available in PDF, EPUB and Kindle. Book excerpt: An introduction to the politics and society of post-colonial Nigeria, highlighting the key themes of ethnicity, democracy, and development.
