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The Nigerian Economy And The Oil Crisis
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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 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:
Book Synopsis The Nigerian Oil Economy by : J. K. Onoh
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.
Book Synopsis Modernization and the Crisis of Development in Africa by : Jeremiah I. Dibua
Download or read book Modernization and the Crisis of Development in Africa written by Jeremiah I. Dibua and published by Routledge. This book was released on 2017-11-28 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, Jeremiah I. Dibua challenges prevailing notions of Africa's development crisis by drawing attention to the role of modernization as a way of understanding the nature and dynamics of the crisis, and how to overcome the problem of underdevelopment. He specifically focuses on Nigeria and its development trajectory since it exemplifies the crisis of underdevelopment in the continent. He explores various theoretical and empirical issues involved in understanding the crisis, including state, class, gender and culture, often neglected in analysis, from an interdisciplinary, radical political economy perspective. This is the first book to adopt such an approach and to develop a new framework for analyzing Nigeria's and Africa's development crisis. It will influence the debate on the development dilemma of African and Third World societies and will be of interest to scholars and students of race and ethnicity, modern African history, class analysis, gender studies, and development studies.
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 Nigerian Economy by : Shafiu Ibrahim Abdullahi
Download or read book Nigerian Economy written by Shafiu Ibrahim Abdullahi and published by . This book was released on 2019 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigerian economy is very sensitive to happenings in the global crude oil market due to Nigeria dependence on the black gold. The recession Nigeria found herself in 2016 was mainly caused by the fall in the international price of crude oil. It is the same factor that also help to explain Buhari government massive borrowings to help close the gap in government budget since coming to power in 2015. Empirical and theoretical evidences have linked shocks in price of primary products with macroeconomic imbalances. These external shocks are main sources of economic volatility, affecting both private and public savings, in part because of their large income effects. In the years since independence, Nigerian economy has changed from its largely agrarian state of 1960s to an import depended mono-economy. Nigeria single most important export for more than forty years has remain crude oil. But, in the period since independence various economic models have been tested, as many as there were changes in governments. While the adaptation of some of these economic programs were domestically inspired, others were forced on Nigeria from the outside. Efforts to diversify Nigerian economy have been on the Nigerian government agenda since 1980s, but not much has been achieved. Despite the billions of Dollars in oil revenue, Nigerian governments have failed to use the resources to develop other areas of the economy. This book covered almost all the main sectors of the Nigerian economy. The book is encyclopedic in term of coverage of Nigerian business environment and potential threats to ease of doing business. The structure of the book makes it easy for readers to browse through it. Its chapters are grouped according to related themes in the Nigerian economy. The bibliography section provided at the end of the book provide the reader with range of sources for reference and further research.
Book Synopsis Global Financial Crisis and the Nigerian Petroleum Sector by : Gbolahan Alashiri
Download or read book Global Financial Crisis and the Nigerian Petroleum Sector written by Gbolahan Alashiri and published by LAP Lambert Academic Publishing. This book was released on 2011-10 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2007, the mortgage crisis in the United States of America affected financial markets and later developed into a global financial crisis.The crisis quickly spilled over to contents including Africa.initially, policy makers in Nigeria believed the Nigerian economy was insulated but sooner, the effect on the economy started manifesting(in the second quarter of 2008).One of the sectors seriously affected by the financial crisis was the oil sector which contributes largely to the economy of Nigeria. Nigeria is basically regarded as a mono economy relying heavily of export of crude oil.for some time now, crude oil contributes at least 60% of the entire nations revenue rising to over 80% at some point. The financial crisis led to a significant decline in the price of crude oil.This development significantly reduce the revenue accruing to the Nigerian Government. this work examined the extend of the impact of the recent financial crisis on the the Nigerian oil sector.
Book Synopsis The Impact of Oil Price Shocks on the Nigerian Economy by : Kathrin Staub
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.
Book Synopsis Oil and the New International Economic Order by : Nigerian Economic Society. Annual Conference
Download or read book Oil and the New International Economic Order written by Nigerian Economic Society. Annual Conference and published by . This book was released on 1980 with total page 272 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 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 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 The Political Ecology of Oil and Gas Activities in the Nigerian Aquatic Ecosystem by : Prince Emeka Ndimele
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
Book Synopsis Economic Diversification in Nigeria by : Zainab Usman
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.
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.
Book Synopsis Perspectives on the Nigerian Oil Industry by : Kayode Soremekun
Download or read book Perspectives on the Nigerian Oil Industry written by Kayode Soremekun and published by . This book was released on 1995 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis This House Has Fallen by : Karl Maier
Download or read book This House Has Fallen written by Karl Maier and published by Basic Books. This book was released on 2009-04-29 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: To understand Africa, one must understand Nigeria, and few Americans understand Nigeria better than Karl Maier. This House Has Fallen is a bracing and disturbing report on the state of Africa's most populous, potentially richest, and most dangerously dysfunctional nation. Each year, with depressing consistency, Nigeria is declared the most corrupt state in the entire world. Though Nigeria is a nation into which billions of dollars of oil money flow, its per capita income has fallen dramatically in the past two decades. Military coup follows military coup. A bellwether for Africa, it is a country of rising ethnic tensions and falling standards of living, very possibly on the verge of utter collapse -- a collapse that could dramatically overshadow even the massacres in Rwanda. A brilliant piece of reportage and travel writing, This House Has Fallenlooks into the Nigerian abyss and comes away with insight, profound conclusions, and even some hope. Updated with a new preface by the author.