Oil Blocs Allocations and Nigeria’s Socio-Economic Development (1999 – 2020)


Texto Academico, 2021

83 Páginas, Calificación: 4.5


Resumen o Introducción

This research examined the impact of oil block allocation on national development (1999 -2020). The objectives were to determine the impacts of oil block allocation on national developments and highlight the challenges of oil block allocation for national development. The need to continuously look at oil wealth and national development in Nigeria cannot be over-emphasized. Increased poverty, illiteracy and unemployment amidst oil wealth through oil block allocation necessitated this critical examination.

This research is anchored on State Fragility Theory (SFT). Institutional weakness and state instability are triggered by violence, criminality and unrest due to unfulfilled expectations; the unexplained relationship between poverty and oil wealth in Nigeria. This study used descriptive research design and content analysis. The data employed for the study were mostly gathered from secondary sources.

This work observed that oil wealth has not translated to national development due to the concentration of oil block allocation in the concentration of oil block allocation in the hands of few individuals and multinational corporations. It strongly recommended the revocation of oil block licenses and transferring ownership to the people through the federal and state government in Nigeria.

Detalles

Título
Oil Blocs Allocations and Nigeria’s Socio-Economic Development (1999 – 2020)
Calificación
4.5
Autores
Año
2021
Páginas
83
No. de catálogo
V1143439
ISBN (Ebook)
9783346752857
ISBN (Libro)
9783346752864
Idioma
Inglés
Palabras clave
blocs, allocations, nigeria’s, socio-economic, development
Citar trabajo
Leo the Great Ebenezer (Autor)Chris Piate (Autor), 2021, Oil Blocs Allocations and Nigeria’s Socio-Economic Development (1999 – 2020), Múnich, GRIN Verlag, https://www.grin.com/document/1143439

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