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:

Download or read book Oil Revenue and Socio economic Development in Nigeria 1970 to 2005 written by Ibrahim Adamu and published by LAP Lambert Academic Publishing. This book was released on 2012-07 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigerians always want to know why the country is rich but the citizens are poor. It is expected that when a country is blessed with rich mineral resources exploited for about 37 years the citizens will be socio-economically better. Contrary to this, a U.N. Human Development Index (HDI) report, 2005, which ranks nations according to their citizen's quality of life, portrayed Nigeria's level of socio-economic development with a HDI value of 0.470. This ranked Nigeria 158th out of 177 countries, below Gambia (155th), Zimbabwe (151st), Togo (152nd) and Cameroun (144th). The study thus aimed at assessing the quality of life of Nigerians especially the oil producing communities. Data from oil/non-oil communities were thoroughly analyzed with the conclusion that although the huge oil revenue has contributed to economic growth, it has not transformed the nation's economy which still remains largely agrarian with living standard in the country one of the lowest in the world. The findings are expected to be useful to investors in the oil industry, Managers of oil economies, Students in Schools of Mining and Oil Exploration, Students of Socio-economic Development, Administration, Geography, etc.

Download or read book Oil Wealth and Development in Uganda and Beyond written by Arnim Langer and published by Leuven University Press. This book was released on 2020-01-07 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Multidisciplinary perspectives to governance of oil in African countries Large quantities of oil were discovered in the Albertine Rift Valley in Western Uganda in 2006. The sound management of these oil resources and revenues is undoubtedly one of the key public policy challenges for Uganda as it is for other African countries with large oil and/or gas endowments. With oil expected to start flowing in 2021, the current book analyses how this East African country is preparing for the challenge of effectively, efficiently, and transparently managing its oil sector and resources. Adopting a multidisciplinary, comprehensive, and comparative approach, the book identifies a broad scope of issues that need to be addressed in order for Uganda to realise the full potential of its oil wealth for national economic transformation. Predominantly grounded in local scholarship and including chapters drawing on the experiences of Nigeria, Ghana, and Kenya, the book blazes a trail on governance of African oil in an era of emerging producers. Oil Wealth and Development in Uganda and Beyond will be of great interest to social scientists and economic and social policy makers in oil-producing countries. It is suitable for course adoption across such disciplines as International/Global Affairs, Political Economy, Geography, Environmental Studies, Economics, Energy Studies, Development, Politics, Peace, Security and African Studies. Contributors: Badru Bukenya (Makerere University), Moses Isabirye (Busitema University), Wilson Bahati Kazi (Uganda Revenue Authority), Corti Paul Lakuma (Economic Policy Research Centre), Joseph Mawejje (Economic Policy Research Centre), Pamela Mbabazi (Uganda National Planning Authority), Martin Muhangi (independent researcher), Roberts Muriisa (Mbarara University of Science and Technology), Chris Byaruhanga Musiime (independent researcher), Germano Mwabu (University of Nairobi), Jackson A. Mwakali (Makerere University), Tom Owang (Mbarara University of Science and Technology), Joseph Oloka-Onyango (Makerere University), Peter Quartey (University of Ghana), Peter Wandera (Transparency International Uganda), Kathleen Brophy (Transparency International Uganda), Jaqueline Nakaiza (independent researcher), Babra Beyeza (independent researcher), Jackson Byaruhanga (Bank of Uganda), Emmanuel Abbey (University of Ghana).

Download or read book Oil in the Economic Development of Nigeria written by Godswill Ifeanyi Nnaji and published by . This book was released on 1988 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book An Examination of the Socio economic and Environmental Impact of Planned Oil Sands Development in Nigeria written by Murtala Ibraheem Chindo and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria became a mono-product economy through its heavy reliance on crude oil for export and revenue. As a result of oil price volatility and the need to increase national revenue and public spending, the Nigerian government has adopted a policy of diversification to non-oil minerals. This study focuses on oil sands that are considered second only to oil in terms of economic potential. This policy also means that Nigeria is moving towards finite resource and a dirtier form of crude oil. A national analysis of non-oil mineral activity using a GIS indicates that exploration, mining and quarrying are widespread; a potentially positive outcome for national mineral development. The government however, is failing to take into account the impact of this activity on communities and ecosystems overlapping or lying proximal to mining licences. A case study indicates that oil sands exploitation can have a positive impact on the host communities through infrastructure development, which can trigger small businesses, job opportunities and increased income. Despite these benefits, there are fears of environmental degradation, displacements, loss of communal lands and means of livelihood. Already, the long delays in the development of oil sands are fuelling anger, deprivation, land grabs and pollution, and worst of all, ever-deeper underdevelopment of these "conditional resource communities', which is aggravating the resource curse. For the oil sands projects to be feasible, beneficial and sustainable, Nigeria's quest for resource wealth must integrate economic growth, social equity and ecological integrity at this planning stage. The thesis makes original contributions to determining resource communities and to the cumulative body of knowledge on the potential impacts of resource development on host communities in a rent-seeking economy like Nigeria.

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:

Download or read book The Differential Effects of Tax and Oil and Gas Revenues on Environmental Sustainability in Nigeria written by Uche T. Agburuga and published by . This book was released on 2018 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt: The intensification of oil and gas production activities occasioned by the drive for more revenue to meet growing expectations of the populace for socio-economic development has entrenched the reliance on oil and gas revenue by the government of Nigeria and with consequential negative implication for environmental sustainability. Using archival data this paper examines the nexus between the demand for tax revenue, oil and gas revenue and environmental sustainability in Nigeria and shows evidence that the goals of environmental sustainability can best be more likely attained in Nigeria through the government shifting from oil and gas revenue to tax revenue as the main source of finance for meeting the socio-economic goals.

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:

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

Download or read book Addressing the Natural Resource Curse written by Mr.Arvind Subramanian and published by International Monetary Fund. This book was released on 2003-07-01 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some natural resources-oil and minerals in particular-exert a negative and nonlinear impact on growth via their deleterious impact on institutional quality. We show this result to be very robust. The Nigerian experience provides telling confirmation of this aspect of natural resources. Waste and poor institutional quality stemming from oil appear to have been primarily responsible for Nigeria's poor long-run economic performance. We propose a solution for addressing this resource curse which involves directly distributing the oil revenues to the public. Even with all the difficulties that will no doubt plague its actual implementation, our proposal will, at the least, be vastly superior to the status quo. At best, however, it could fundamentally improve the quality of public institutions and, as a result, durably raise long-run growth performance.

Download or read book Local Content Policies in the Oil and Gas Sector written by Silvana Tordo and published by World Bank Publications. This book was released on 2013-07-22 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: A number of countries have recently discovered and are developing oil and gas reserves. Policy makers in such countries are anxious to obtain the greatest benefits for their economies from the extraction of these exhaustible resources by designing appropriate policies to achieve desired goals. One important theme of such policies is the so-called local content created by the sector—the extent to which the output of the extractive industry sector generates further benefits to the economy beyond the direct contribution of its value-added, through its links to other sectors. While local content policies have the potential to stimulate broad-based economic development, their application in petroleum-rich countries has achieved mixed results. This paper describes the policies and practices meant to foster the development of economic linkages from the petroleum sector, as adopted by a number of petroleum-producing countries both in and outside the Organisation for Economic Co-operation and Development. Examples of policy objectives, implementation tools, and reporting metrics are provided to derive lessons of wider applicability. The paper presents various conclusions for policy makers about the design of local content policies.

Download or read book Politics And Economic Development In written by Tom Forrest and published by Routledge. This book was released on 2019-09-11 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the end of civil war in 1970, Nigeria has struggled to build a stronger federal center and to reduce conflicts that have arisen from uneven development and from ethnic, regional, class and religious differences. This book provides a comprehensive account of the dynamic interplay between the political and economic forces that have shaped gover

Download or read book Local Content and Sustainable Development in Global Energy Markets written by Damilola S. Olawuyi and published by Cambridge University Press. This book was released on 2021-03-04 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines critical links between local content requirements and the application of sustainable development treaties in global energy markets.

Download or read book Bottom of the Barrel written by Ian Gary and published by Catholic Relief Services. This book was released on 2003 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: The new African oil boomcentered on the oil-rich Atlantic waters of the Gulf of Guinea, from Nigeria to Angolais a moment of great opportunity and great peril for countries beset by wide-scale poverty.

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.

Download or read book Billones en juego written by NJ Ayuk and published by Blackstone Publishing. This book was released on 2021-02-16 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Estoy de acuerdo con los puntos planteados y con la visión de Ayuk sobre el papel fundamental que desempeñará la OPEP para ayudar a las productores de petróleo africanos a lograr una voz muy merecida en la industria petrolera” —Secretario General de la OPEP, H.E. Mohammad Sanusi Barkindo Dos décadas de negociación de transacciones de petróleo y gas han dado a NJ Ayuk un entendimiento del panorama energético en el continente que muy pocos pueden igualar. Educado en Estados Unidos, el abogado Africano en materia energética brinda dosis generosas de ese conocimiento en su segundo libro Billones en Juego: El Futuro de la Energía Africana y de Cómo Hacer Negocios. Sirviendo como guía para que el continente haga un mejor uso de sus vastos recursos energéticos a efecto de mejorar las vidas de las personas, Ayuk aborda como los países Africanos pueden utilizar sus industrias energéticas como trampolines para diversificar y crecer sus economías. Asimismo, Ayuk muestra como los gobiernos africanos y las compañías locales pueden negociar mejores tratos con compañías energéticas internacionales, y como los países del continente pueden utilizar campos marginales de petróleo y gas para desarrollar sus industrias energéticas domésticas, las cuales, una vez fortalecidas, podrán competir globalmente. Planteamientos y respuestas: Porque los incipientes recursos de gas natural de África pueden ayudar al continente a emerger como un jugador global clave en la industria Que cambios pueden hacer los países Africanos a efecto de convertirse en destinos atractivos de inversión El rol que el acceso a electricidad confiable, sustentable y asequible puede tener en la aceleración del crecimiento económico Como y porque las compañías energéticas Americanas deberían de dejar de limitar sus inversiones en África Y porque la industria energética en el continente requiere más mujeres. El tema subyacente del libro es que, en demasiadas ocasiones, los recursos naturales crean riqueza para inversionistas extranjeros y un selecto grupo de elites Africanas, mientras que el resto de la gente (y, en consecuencia, las economías Africanas) no obtienen ningún beneficio. Si bien es fácil percibir que existe una falta de participación local en proyectos en África, así como un constante reto para obtener las inversiones necesarias, es importante entender nuestro rol en esto. Debemos comprender la importancia de crear ambientes propicios con términos fiscales atractivos para inversionistas locales y extranjeros, el rol de políticas de contenido local más solidas a efecto de asegurar participación local en el sector, y el peso que el gobierno y la inestabilidad política tienen en el desarrollo de los proyectos. “Depende de los Africanos arreglar África,” escribe Ayuk. Este enunciado puede considerarse como un tema vivo en el libro, ya que promueve que compañías locales y gobiernos celebren convenios de colaboración en lugar de compromisos pasivos con compañías energéticas internacionales y los grandes jugadores del sector. “[Necesitamos] inversionistas que muestren interés en participar completamente con nosotros, entrando al mercado y construyendo negocios sustentables y rentables de largo plazo, creando empleos y desarrollo adicional.” Si estas listo para sumergirte a profundidad y acceder a un franco análisis y examen del panorama energético en África y como los Africanos pueden comenzar a arreglar África, adéntrate a las páginas de Billones en Juego. ENGLISH VERSION “I agree with the points made—and with Ayuk’s case for the critical role that OPEC will play in helping African oil products achieve a much-deserved voice in the petroleum industry.” —OPEC Secretary-General, H.E. Mohammad Sanusi Barkindo Two decades of negotiating African oil and gas deals have given NJ Ayuk a grasp of the continent's energy landscape that few can match. The American-educated, African energy lawyer serves up generous doses of that insight in his second book, Billions at Play: The Future of Africa Energy and Doing Deals. Serving as a road map for the continent to do a better job of using its vast energy resources to improve its peoples' lives, Ayuk addresses how African countries can use their energy industries as springboards for diversifying and growing their overall economies. In addition, Ayuk shows how African governments and local companies can negotiate better deals with international energy companies and how the continent's countries can use marginal oil and gas fields to develop domestic energy industries that, once strong, will compete globally. Questions posed and answered: Why Africa's fledgling natural gas resources can allow the continent to emerge as a key global player in the industry What changes African countries can make in order to become attractive investment destinations The role that access to reliable, sustainable, and affordable power can play in the acceleration of economic growth Why and how American energy companies should stop curtailing their investments in Africa And why the continent’s energy industry needs more women The book’s underlying theme is that too often, natural resources create wealth for foreign investors and a select group of African elites while everyday people (and in turn, African economies) fail to benefit. While it is easy to see that there is a lack of local participation in African projects and an ongoing challenge in securing necessary investment, we also need to understand our role in this. We have to understand the importance of creating enabling environments with attractive fiscal terms for local and foreign investors, the role of stronger local content policies in ensuring more local participation in the sector, and the weight government and political uncertainty carries in moving projects forward. “It’s up to Africans to fix Africa,” writes Ayuk. This statement can be considered a living theme throughout the book as he encourages that local companies and governments have to enter into collaborative agreements rather than passive engagements with IOCs and majors. “[We need] investors who show that they want to fully participate with us, by coming in and building long-term sustainable businesses that last and make a profit, create jobs and further development.” If you’re ready to dive headfirst into accessing a frank analysis and examination of the African energy landscape and how Africans can begin to fix Africa, jump into the pages of Billions at Play.

Download or read book Natural Resource Investment and Africa s Development written by Francis N. Botchway and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This book makes a significant contribution to the literature on natural resource law and governance by engaging specifically with the issues arising in the African region. It covers a wide spectrum of issues that are key to the sustainable use of natural resources in the region, thus making it an important resource for anyone interested in natural resource governance and economic development in the African region.' – Philippe Cullet, University of London, UK This well-researched book covers a wide spectrum of important issues that are central to investment in natural resources and ultimately, economic development of Africa. Francis Botchway and the expert contributors analyse the relationships between good governance and resource management, as well as the existing commercial and financial agreements. The environmental implication of resource exploitation and the international dimensions of the industry are also explored in this insightful study. Each comprehensive and concise contribution highlights the importance of transparency and equity in investment and management of natural resources. Natural Resource Investment and Africa's Development is essential material for scholars and students of development, environmental law, international economic law and dispute resolution, as well as any international investor in natural resources.