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Contribution Of The Petroleum Industry To The Social Economic Development Of Nigeria
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Book Synopsis Contribution of the Petroleum Industry to the Social/economic Development of Nigeria by : William Franklin West
Download or read book Contribution of the Petroleum Industry to the Social/economic Development of Nigeria written by William Franklin West and published by . This book was released on 1977 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Impact of the Petroleum Industry on the Socio-economic Development of Nigeria by : Christian Okon Efiong Enoh
Download or read book The Impact of the Petroleum Industry on the Socio-economic Development of Nigeria written by Christian Okon Efiong Enoh and published by . This book was released on 1975 with total page 168 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 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 Nigeria's Oil Economy at the Crossroads by : Francis Mesembe
Download or read book Nigeria's Oil Economy at the Crossroads written by Francis Mesembe and published by LAP Lambert Academic Publishing. This book was released on 2012 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent times, petroleum sector has play crucial role in the socio-economic development of most countries in the world especially countries with great petroleum deposits. Nigeria has benefited immensely from petroleum exploitation activities as one of the countries endowed with petroleum resources. Today, the rise in the world oil prices attracted the major oil companies like Mobil, Total, Agip, Chevron and other energy companies to invest and operate in the Petroleum industry, thus enabling Nigeria to reap instant riches from oil. The notion or assumption that petroleum proceeds really articulate sustainable development has been argued by many scholars in the field of energy economics, public policy, and environmental. As such several studies have been conducted in this regards and some show inverse correlation between the level of dependency on petroleum resources and that of sustainable development in natural resource rich countries but the conclusion vary in many resource endowed countries, this assertion is evidence in this work which analysed the risks and opportunities involve in oil exploration, production/distribution and then compares with other countries of the world.
Book Synopsis The Impact of Oil on a Developing Country by : Augustin Ikein
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
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 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 Petroleum and Structural Change in a Developing Country by : Peter O. Olayiwola
Download or read book Petroleum and Structural Change in a Developing Country written by Peter O. Olayiwola and published by Praeger. This book was released on 1987 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work explores problems in national development in the Third World using Nigeria during the petroleum boom as a case study. The book explores how historical, political, ideological, economic, social, and cultural factors affected Nigeria's development and policies. Special attention is devoted to the development paradigms that influenced Nigerian development thinking, the national planning apparatus, nationalist ideology, and the role of world market and multinational corporations. Petroleum and Structural Change in a Developing Country concludes that Nigeria has experienced growth without change and that unless structural change is implemented, real development will remain elusive.
Book Synopsis The Future of the Petroleum Industry in Nigeria by : Philip C. Asiodu
Download or read book The Future of the Petroleum Industry in Nigeria written by Philip C. Asiodu and published by . This book was released on 1971 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Impact of Oil on Nigeria's Economic Development by : Felix Deji Akhimie
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:
Download or read book Nigeria written by Sarah Ahmad Khan and published by . This book was released on 1994 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria is the most populated nation on the African continent and contains a vast wealth of natural resources. It is the largest petroleum producer in Africa, and a key exporter of oil to both Western Europe and the US, and yet the political economy of Nigeria remains one of gross indebtedness, inefficiency and mismanagement. Here, the author brings together these issues in a far-ranging account of the Nigerian oil industry. She explores the fraught relationship between the government and foreign oil companies, the financial constraints on domestic investment, and the tragic lessons of an economy dependent on oil. This is a fascinating look at the problems of this developing country trying to exploit its natural resources, and will be of interest to scholars of development studies and international business.
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 Inter-industry Linkages and the Contribution of the Oil and Gas Industry to the Growth of the Nigerian Economy by : Musa Jega Ibrahim
Download or read book Inter-industry Linkages and the Contribution of the Oil and Gas Industry to the Growth of the Nigerian Economy written by Musa Jega Ibrahim and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technological progress is the driving force of economic growth. The neoclassical growth models postulate that technological progress is derived from exogenous impact of production relationship while the endogenous growth models ascribe the source of technological progress to the ability of factors of production to respond to externalities generated by production activities in accordance with "learning-by-doing" complemented by R&D. This implies a convergence on the crucial relevance of technology in enhancing the effectiveness and value-adding functions of factors of production as the bedrock of economic growth. It follows intuitively that inter-industry linkage process, which involves multisectoral input-output interdependence of productive activities of different sectors of the economy, is germane to the value-adding capabilities of factors of production that propels economic growth. As a key sector with intrinsic versatility, the oil and gas industry in Nigeria has enormous linkage potentials that can be a cylinder for robust inter-industry linkage processes for sustainable growth of the Nigerian economy. Various linkage measures; backward and forward linkages, output multipliers; employment, income and value-added effects and multipliers for sectors of the Nigerian economy are computed and analysed with focus on the linkage significance of the oil and gas industry. It reveals that a formidable inter-industry linkage processes is not emerging with relative low level of integration of the oil and gas industry with other sectors of the economy. Hypothetical Extraction scenario indicates that the stimuli from the oil and gas industry are not inspiring. By policy simulation, it is discovered that the inter-industry linkage process cannot be significantly improved by more refining activities, suggesting the existence of low levels of absorptive capacities of the sectors of the economy arising from structural distortions and technological weakness. By implication, the effectiveness of factors of production, the critical requirement of economic growth, is hampered, compounded by the absence of system of innovation that could inspire the emergence of technological capabilities. Investments in social and economic services as well as physical infrastructures that leads to a bourgeoning income earning household sector that seeks to satisfy its consumption needs and create effective markets that facilitates inter-industry linkages is the veritable route towards innovation, endogenous technology and sustainable 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:
Book Synopsis Social and Economic Effects of Petroleum Development in Non-OPEC Developing Countries by : Jon B. McLin
Download or read book Social and Economic Effects of Petroleum Development in Non-OPEC Developing Countries written by Jon B. McLin and published by . This book was released on 1986 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Environmental and Social Impact of the Nigerian Oil Industry by : Jedrzej George Frynas
Download or read book Environmental and Social Impact of the Nigerian Oil Industry written by Jedrzej George Frynas and published by . This book was released on 2000 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
