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Nigeria is the most populated nation on the African continent and contains a vast wealth of natural resources. It is the largest petroleum producer in Africa, and a key exporter of oil to both Western Europe and the US, and yet the political economy of Nigeria remains one of gross indebtedness, inefficiency and mismanagement. Here, the author brings together these issues in a far-ranging account of the Nigerian oil industry. She explores the fraught relationship between the government and foreign oil companies, the financial constraints on domestic investment, and the tragic lessons of an economy dependent on oil. This is a fascinating look at the problems of this developing country trying to exploit its natural resources, and will be of interest to scholars of development studies and international business.
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Sarah Ahmad Khan, Research Fellow, Oxford Institute for Energy Studies.Review:
"A very thorough and well-done analysis of oil (and gas) in Nigeria....Ahmad Khan includes detailed--and well-documented--analyses of the Nigerian "Upstream" (producing areas, oilfields, reserves, etc.) and "Downstream" (pricing, supply-demand factors, distribution, and storage information) sectors, plus a good overview of the political and institutional environments, foreign investor relations, the international trade and pricing aspects of Nigerian crude oil, a chapter on natural gas, and an excellent wrap-up chapter on oil and the economy."--Choice
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Book Description Oxford University Press, 1994. Hardcover. Condition: New. Never used!. Seller Inventory # P110197300146