Nigeria During and After the Oil Boom

Nigeria During and After the Oil Boom PDF Author: Brian Pinto
Publisher:
ISBN:
Category : Indonesia
Languages : en
Pages : 90

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Nigeria During and After the Oil Boom

Nigeria During and After the Oil Boom PDF Author: Brian Pinto
Publisher:
ISBN:
Category : Indonesia
Languages : en
Pages : 90

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Book Description


Oil boom in Nigeria and its consequences for the country s economic development

Oil boom in Nigeria and its consequences for the country s economic development PDF Author: Irina Romanova
Publisher: GRIN Verlag
ISBN: 3638605841
Category : Foreign Language Study
Languages : en
Pages : 33

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Book Description
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.

After Oil, what Next?

After Oil, what Next? PDF Author: Arthur Agwuncha Nwankwo
Publisher:
ISBN:
Category : International business enterprises
Languages : en
Pages : 84

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The Pan-African Nation

The Pan-African Nation PDF Author: Andrew Apter
Publisher: University of Chicago Press
ISBN: 0226023567
Category : Social Science
Languages : en
Pages : 345

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Book Description
When Nigeria hosted the Second World Black and African Festival of Arts and Culture (FESTAC) in 1977, it celebrated a global vision of black nationhood and citizenship animated by the exuberance of its recent oil boom. Andrew Apter's The Pan-African Nation tells the full story of this cultural extravaganza, from Nigeria's spectacular rebirth as a rapidly developing petro-state to its dramatic demise when the boom went bust. According to Apter, FESTAC expanded the horizons of blackness in Nigeria to mirror the global circuits of its economy. By showcasing masks, dances, images, and souvenirs from its many diverse ethnic groups, Nigeria forged a new national culture. In the grandeur of this oil-fed confidence, the nation subsumed all black and African cultures within its empire of cultural signs and erased its colonial legacies from collective memory. As the oil economy collapsed, however, cultural signs became unstable, contributing to rampant violence and dissimulation. The Pan-African Nation unpacks FESTAC as a historically situated mirror of production in Nigeria. More broadly, it points towards a critique of the political economy of the sign in postcolonial Africa.

Nigeria After the Oil Boom

Nigeria After the Oil Boom PDF Author:
Publisher:
ISBN: 9783873786615
Category : Nigeria
Languages : en
Pages : 1

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Book Description
4 cartes : Political structure - Mineral resources, 1:4,600,000, 27 x 35 cm; The Niger Delta : crude oil centre in Nigeria, 1:1,700,000, 21 x 28 cm; Industry and Transport, 1:3,500,000, 32 x 38 cm ; Natural landscapes and land cultivation, 1:4,600,000, 27 x 35 cm ; 2 tableaux : Crude oil, the motor behing the economy ; From agricultural exporter to food importer.

The Price of Oil

The Price of Oil PDF Author: Bronwen Manby
Publisher: Human Rights Watch
ISBN: 9781564322258
Category : Political Science
Languages : en
Pages : 230

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Book Description
Attempts to Import Weapons

Petroleum and Structural Change in a Developing Country

Petroleum and Structural Change in a Developing Country PDF Author: Peter O. Olayiwola
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 232

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Book Description
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.

Slick Nigeria

Slick Nigeria PDF Author: Jacob S. Lewis
Publisher:
ISBN:
Category : Nigeria
Languages : en
Pages : 0

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Book Description
"African oil production is entering its second period of global importance. As the world begins to turn to the Gulf of Guinea to fuel its growing energy needs, it is important to recognize the ill-effects that oil-rentierism often have on the economic development of a nation. Despite real growth in GDP, poverty has risen in many oil-producing nations in Africa. This thesis examines Nigerian underdevelopment between 1970 and 2000, and emphasizes why it is imperative that action be taken, not only in Nigeria, but in all rentier-class nations, in order to emphasize strong economic development and human rights as Africa's second oil boom gets under way.

Oil Boom and Crisis in Contemporary Nigeria

Oil Boom and Crisis in Contemporary Nigeria PDF Author: Bill Freund
Publisher:
ISBN:
Category :
Languages : en
Pages : 10

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The Impact of Oil on a Developing Country

The Impact of Oil on a Developing Country PDF Author: Augustin Ikein
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 336

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Book Description
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