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Not by oil alone

Article Abstract:

Petroleum creates few jobs directly and generates a volatile, ultimately unsustainable, revenue stream for countries with less oil, but a huge population like Nigeria it is different. The contribution of oil to national wealth might be seriously overstated unless used in particular ways.

Author: Myers, Keith
Publisher: Royal Institute of International Affairs
Publication Name: The World Today
Subject: Political science
ISSN: 0043-9134
Year: 2005
United States, Sales & consumption, Economic conditions, Market size

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Blessing or curse

Article Abstract:

The increasing interest of the western countries in the oil rich countries of Nigeria and Angola is discussed. Both countries have rampart corruption due to the absence of government procurement and auditing systems and a lack of transparency about revenue.

Author: Vines, Alex, Paulo, Manuel
Publisher: Royal Institute of International Affairs
Publication Name: The World Today
Subject: Political science
ISSN: 0043-9134
Year: 2004
Angola

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Nigeria: On the edge of chaos

Article Abstract:

The real crisis of legitimacy is translated into armed rebellion in the Nigeria delta. There are general strikes about petrol price increases and armed threats to what should be the nation's lifeline, the oil of the Nigeria delta.

Author: Utomi, Pat
Publisher: Royal Institute of International Affairs
Publication Name: The World Today
Subject: Political science
ISSN: 0043-9134
Year: 2004
Nigerian foreign relations

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Subjects list: Economic aspects, Forecasts and trends, Petroleum industry, Market trend/market analysis, Nigeria
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