Contending Issues in the Niger Delta Crisis of Nigeria - Journal of ...
Contending Issues in the Niger Delta Crisis of Nigeria - Journal of ... Contending Issues in the Niger Delta Crisis of Nigeria - Journal of ...
Chapter II: The Niger Delta Crisis: The Political Economy of Fossil Fuels in Nigeria Angolans (Obasanjo, 1990: 124-125; Garba, 1986: 133; Fawole, 2003: 90-91). It was also termed to be a boon because the provision of basic infrastructural amenities such as good road, pipe borne water, electrification of villages that were left by the colonial lords as an area of no importance to their economic ambition felt government presence. On the elevation of the standard of living of the people, it could be said that the Gowon government, through the introduction of Udoji award provided Nigerians with the opportunity to play around, and, the tourist sector experienced some boom. At the continental level, Nigeria was able to promote the establishment of some regional and sub-regional organisations. The ECOWAS, though partly formed because of the lesson learnt during the Civil War in the state, it was largely formed because of the increase in the foreign exchange realised from the sales of crude oil. The Nigerian Trust Fund (NTF) established within the African Development Bank (ADB) aimed at promoting the leadership ambition of Nigeria in Africa. The $80 million capital base released to the ADB was aimed at elevating the economic development of less developed member states. The signing of the Lome 1 Convention was at the instance of Nigeria hegemonic position caused by the overnight economic well being of the state; assumption of leadership role within the African, Caribbean and Pacific (ACP) concretised government Africa’s manifest destiny to lead the continent; and the need to promote the development of the Blacks in Diaspora. As much as Nigeria was able to garner some prestige from 28
Dr. Lere Amusan the African continent and within the African in the Diaspora, the oil boom of the late 1970s turned Nigeria to a beggar of some sort, as it indulged in borrowing binge to finance the running of the government. Therefore one could say that the availability of fossil fuel in Nigeria turned to be a curse for several reasons discussed below. The traditional sources of foreign exchange such as agriculture, mining (solid minerals) and import substitute industries suffered in the hand of every government in Nigeria from the 1970s. This was immediately after the Yom Kippur War in the Middle East that brought about the quadruple increase in the price of crude oil at the international market. Overreliance on the finite unsustainable crude oil brought down the government and the same led to political instability as the coup d’état experienced in the country were attributable to the need for the military to share from the fuel dollars. The major players in the fossil fuel business, the MNCs wielded enormous power so much that the host states could not control their activities at will without boomerang effects politically and economically. This brought about the employment of divide and rule in the Niger delta, which eventually led to the incessant crises in the region that have in turn, aggravated the state’s underdevelopment. 29
- Page 1 and 2: Contending Issues in the Niger Delt
- Page 3 and 4: Dedicated to To my Chocolate Mrs Ek
- Page 5 and 6: Table of Contents Chapter I: Unders
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- Page 9 and 10: Dr. Victor Ojakorotu and Olaopa Ola
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- Page 27 and 28: Dr. Lere Amusan her to determine th
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- Page 31 and 32: Dr. Lere Amusan pay from their mont
- Page 33: Dr. Lere Amusan Section 3 looks int
- Page 37 and 38: Dr. Lere Amusan close down in Isoko
- Page 39 and 40: Dr. Lere Amusan shell did in the 19
- Page 41 and 42: Dr. Lere Amusan offend the oil comp
- Page 43 and 44: Dr. Lere Amusan of the oil companie
- Page 45 and 46: Dr. Lere Amusan the existence of OM
- Page 47 and 48: Dr. Lere Amusan conversant with the
- Page 49 and 50: Dr. Lere Amusan he treated the Nige
- Page 51 and 52: Dr. Lere Amusan federal government
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- Page 55 and 56: Dr. Lere Amusan understood by the m
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- Page 71 and 72: Dr. Akpomuvire Mukoro social struct
- Page 73 and 74: Dr. Akpomuvire Mukoro constitution
- Page 75 and 76: Dr. Akpomuvire Mukoro It is not eno
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Chapter II: The <strong>Niger</strong> <strong>Delta</strong> <strong>Crisis</strong>: The Political Economy <strong>of</strong> Fossil Fuels <strong>in</strong><br />
<strong>Niger</strong>ia<br />
Angolans (Obasanjo, 1990: 124-125; Garba, 1986: 133; Fawole, 2003:<br />
90-91). It was also termed to be a boon because <strong>the</strong> provision <strong>of</strong> basic<br />
<strong>in</strong>frastructural amenities such as good road, pipe borne water,<br />
electrification <strong>of</strong> villages that were left by <strong>the</strong> colonial lords as an area<br />
<strong>of</strong> no importance to <strong>the</strong>ir economic ambition felt government<br />
presence. On <strong>the</strong> elevation <strong>of</strong> <strong>the</strong> standard <strong>of</strong> liv<strong>in</strong>g <strong>of</strong> <strong>the</strong> people, it<br />
could be said that <strong>the</strong> Gowon government, through <strong>the</strong> <strong>in</strong>troduction <strong>of</strong><br />
Udoji award provided <strong>Niger</strong>ians with <strong>the</strong> opportunity to play around,<br />
and, <strong>the</strong> tourist sector experienced some boom. At <strong>the</strong> cont<strong>in</strong>ental<br />
level, <strong>Niger</strong>ia was able to promote <strong>the</strong> establishment <strong>of</strong> some regional<br />
and sub-regional organisations. The ECOWAS, though partly formed<br />
because <strong>of</strong> <strong>the</strong> lesson learnt dur<strong>in</strong>g <strong>the</strong> Civil War <strong>in</strong> <strong>the</strong> state, it was<br />
largely formed because <strong>of</strong> <strong>the</strong> <strong>in</strong>crease <strong>in</strong> <strong>the</strong> foreign exchange realised<br />
from <strong>the</strong> sales <strong>of</strong> crude oil. The <strong>Niger</strong>ian Trust Fund (NTF) established<br />
with<strong>in</strong> <strong>the</strong> African Development Bank (ADB) aimed at promot<strong>in</strong>g <strong>the</strong><br />
leadership ambition <strong>of</strong> <strong>Niger</strong>ia <strong>in</strong> Africa. The $80 million capital base<br />
released to <strong>the</strong> ADB was aimed at elevat<strong>in</strong>g <strong>the</strong> economic development<br />
<strong>of</strong> less developed member states. The sign<strong>in</strong>g <strong>of</strong> <strong>the</strong> Lome 1<br />
Convention was at <strong>the</strong> <strong>in</strong>stance <strong>of</strong> <strong>Niger</strong>ia hegemonic position caused<br />
by <strong>the</strong> overnight economic well be<strong>in</strong>g <strong>of</strong> <strong>the</strong> state; assumption <strong>of</strong><br />
leadership role with<strong>in</strong> <strong>the</strong> African, Caribbean and Pacific (ACP)<br />
concretised government Africa’s manifest dest<strong>in</strong>y to lead <strong>the</strong><br />
cont<strong>in</strong>ent; and <strong>the</strong> need to promote <strong>the</strong> development <strong>of</strong> <strong>the</strong> Blacks <strong>in</strong><br />
Diaspora. As much as <strong>Niger</strong>ia was able to garner some prestige from<br />
28