Bookcover of Oil Revenue and Socio-economic Development in Nigeria - 1970 to 2005
Booktitle:

Oil Revenue and Socio-economic Development in Nigeria - 1970 to 2005

Management of Poverty in the Midst of Plenty in Nigeria - 1970 to 2005

LAP LAMBERT Academic Publishing (2012-07-22 )

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ISBN-13:

978-3-659-14345-8

ISBN-10:
3659143456
EAN:
9783659143458
Book language:
English
Blurb/Shorttext:
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.
Publishing house:
LAP LAMBERT Academic Publishing
Website:
https://www.lap-publishing.com/
By (author) :
Ibrahim Adamu
Number of pages:
176
Published at:
2012-07-22
Stock:
Available
Category:
Development theory and development policy
Price:
68.00 €
Keywords:
Economic Growth, Nigeria, Socio-economic development, Niger Delta, Standard of Living, Oil revenue, Socio-economic cost, Oil producing areas, Non-oil producing areas, Impact Assessment.

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