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The impacts of global petroleum politics and disputes on Nigeria's oil and gas industry towards Nigeria's economy

Global petroleum politics and disputes have profound impacts on Nigeria, its citizens and economy as well as onto Nigeria as being a member of the Organisation of the Petroleum Exporting Countries (OPEC). This research focuses on analysing the effects of global petroleum politics and disputes on Nig...

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Main Author: Musa, Basiru
Format: Thesis
Language:English
English
English
Published: 2018
Subjects:
HC Economic History and Conditions
JA Political science (General)
Online Access:https://etd.uum.edu.my/8766/1/s99212_01.pdf
https://etd.uum.edu.my/8766/2/s99212_02.pdf
https://etd.uum.edu.my/8766/3/s99212_references.docx
https://etd.uum.edu.my/8766/
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spelling my.uum.etd.87662022-02-16T01:00:00Z https://etd.uum.edu.my/8766/ The impacts of global petroleum politics and disputes on Nigeria's oil and gas industry towards Nigeria's economy Musa, Basiru HC Economic History and Conditions JA Political science (General) Global petroleum politics and disputes have profound impacts on Nigeria, its citizens and economy as well as onto Nigeria as being a member of the Organisation of the Petroleum Exporting Countries (OPEC). This research focuses on analysing the effects of global petroleum politics and disputes on Nigeria's oil and gas industry and thereafter suggest effective measures that Nigeria could take to minimise them. The main questions asked by this study include, what are the effects of global petroleum politics and disputes on Nigeria's oil and gas industry? Why Nigeria is vulnerable to global oil dynamics? How could Nigeria minimise the impacts of global petroleum politics, dynamics and price crisis? These questions are posted to answer the research objectives, which include, analysing the impacts of global petroleum politics and disputes on Nigeria's oil and gas industry; examining the vulnerability of Nigeria to global oil dynamics and finding out the most cost-effective measures to minimise the effects of global petroleum politics, dynamics and price crisis. The research adopted System Theory by Anatol Rapoport as its major theory, while Conflict Triangle Theory by Johan Galtung as its supporting theory. The research employed qualitative method, using both primary and secondary data. The primary data were obtained through purposive sampling and semi-structured interview from thirty five respondents, while secondary data were obtained from relevant books, journal and e-joumal articles, The secondary data were used to strengthen and verify the findings derived from the interviews. The data were thematically analyzed. The research found that the impacts resulted into a devastating economic recession, loss of foreign direct investments, reduced oil production, destruction of social life and weakened Nigerian state. It also found that Nigeria is vulnerable to global oil dynamics because of its overdependence on oil. The study also found that, the most effective measures to overcome this vulnerability is to diversify the Nigerian economy from oil to agriculture and solid minerals. Another measure is the passage of the petroleum industry bill into law. 2018 Thesis NonPeerReviewed text en https://etd.uum.edu.my/8766/1/s99212_01.pdf text en https://etd.uum.edu.my/8766/2/s99212_02.pdf text en https://etd.uum.edu.my/8766/3/s99212_references.docx Musa, Basiru (2018) The impacts of global petroleum politics and disputes on Nigeria's oil and gas industry towards Nigeria's economy. Doctoral thesis, Universiti Utara Malaysia.
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Electronic Theses
url_provider http://etd.uum.edu.my/
language English
English
English
topic HC Economic History and Conditions
JA Political science (General)
spellingShingle HC Economic History and Conditions
JA Political science (General)
Musa, Basiru
The impacts of global petroleum politics and disputes on Nigeria's oil and gas industry towards Nigeria's economy
description Global petroleum politics and disputes have profound impacts on Nigeria, its citizens and economy as well as onto Nigeria as being a member of the Organisation of the Petroleum Exporting Countries (OPEC). This research focuses on analysing the effects of global petroleum politics and disputes on Nigeria's oil and gas industry and thereafter suggest effective measures that Nigeria could take to minimise them. The main questions asked by this study include, what are the effects of global petroleum politics and disputes on Nigeria's oil and gas industry? Why Nigeria is vulnerable to global oil dynamics? How could Nigeria minimise the impacts of global petroleum politics, dynamics and price crisis? These questions are posted to answer the research objectives, which include, analysing the impacts of global petroleum politics and disputes on Nigeria's oil and gas industry; examining the vulnerability of Nigeria to global oil dynamics and finding out the most cost-effective measures to minimise the effects of global petroleum politics, dynamics and price crisis. The research adopted System Theory by Anatol Rapoport as its major theory, while Conflict Triangle Theory by Johan Galtung as its supporting theory. The research employed qualitative method, using both primary and secondary data. The primary data were obtained through purposive sampling and semi-structured interview from thirty five respondents, while secondary data were obtained from relevant books, journal and e-joumal articles, The secondary data were used to strengthen and verify the findings derived from the interviews. The data were thematically analyzed. The research found that the impacts resulted into a devastating economic recession, loss of foreign direct investments, reduced oil production, destruction of social life and weakened Nigerian state. It also found that Nigeria is vulnerable to global oil dynamics because of its overdependence on oil. The study also found that, the most effective measures to overcome this vulnerability is to diversify the Nigerian economy from oil to agriculture and solid minerals. Another measure is the passage of the petroleum industry bill into law.
format Thesis
author Musa, Basiru
author_facet Musa, Basiru
author_sort Musa, Basiru
title The impacts of global petroleum politics and disputes on Nigeria's oil and gas industry towards Nigeria's economy
title_short The impacts of global petroleum politics and disputes on Nigeria's oil and gas industry towards Nigeria's economy
title_full The impacts of global petroleum politics and disputes on Nigeria's oil and gas industry towards Nigeria's economy
title_fullStr The impacts of global petroleum politics and disputes on Nigeria's oil and gas industry towards Nigeria's economy
title_full_unstemmed The impacts of global petroleum politics and disputes on Nigeria's oil and gas industry towards Nigeria's economy
title_sort impacts of global petroleum politics and disputes on nigeria's oil and gas industry towards nigeria's economy
publishDate 2018
url https://etd.uum.edu.my/8766/1/s99212_01.pdf
https://etd.uum.edu.my/8766/2/s99212_02.pdf
https://etd.uum.edu.my/8766/3/s99212_references.docx
https://etd.uum.edu.my/8766/
_version_ 1725975048004567040
score 13.211869

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