3 edition of Oil, systemic corruption, Abdulistic capitalism and Nigerian development policy found in the catalog.
Oil, systemic corruption, Abdulistic capitalism and Nigerian development policy
W. J. Okowa
Includes bibliographical references and index.
|Statement||Willie J. Okowa ... [et al.].|
|LC Classifications||HC1055 .O393 1994|
|The Physical Object|
|Pagination||174 p. ;|
|Number of Pages||174|
|LC Control Number||97114731|
The oil shocks of the s were sold as geo-political in nature with the first in even called the ‘Arab Oil Embargo’ even though Iran, then still a U.S. client state, and Venezuela, were. A predatory capitalism has bred misery turned politics into warfare all but arrested the development of productive forces. The Nigerian ruling class has assaulted the masses with physical psychological violence thwarted their aspirations particularly their Author: Ojochenemi J. David, Lucky E. Asuelime, Hakeem Onapajo.
Capitalism can only survive through short-cuts and manipulative processes to keep oiling the wheel of backwardness. In Nigeria, corruption has played a decisive role to ensure capitalism thrives. Nigerian nation, living in the sixth worldwide importer of crude oil could not be haracterized as the wealthy one. High level of corruption and economic disparity are striking haracteristics of Nigerian socio-economic condition, which has not changed over the years of its evolution as crude oil : Solomon Ehiemua.
economy, the structural development has been poor and has even worsened the administrative position in Nigeria due to the level of corruption and oil policy implementation. Oil products are distilled from crude oil which comprises of petrol, natural gas, kerosene, bitumen etc. All theseFile Size: KB. The National Planning Commission has noted that: “Systemic corruption and low levels of transparency and accountability have been major sources of development failure. Illegal activities such as the advance fee-fraud (known as ) and money laundering have torn the fabric of Nigerian society (National Planning Commission, )”.
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Oil Systemic Corruption Abdulistic Capitalism And Nigerian Development Policy. The Nigerian government counted more than oil spills between andand according to data collected by Shell, oil spills have occurred sincewith the latest major incident.
Corruption in Nigeria’s oil industry, Africa’s largest, is an old problem, and its eradication is a long-standing political goal—one that has seen few : Nshira Turkson.
The editor provides an overview, observing the extent to which the crisis of corruption - indivisible from the crisis of the Nigerian state and the colonial legacy - impinges upon national economic calculations; and sets out the anti-corruption and good-governance manifesto and the.
Keywords: Corruption, Sustainable Development INTRODUCTION Nigeria is a typical of a country in Africa whose development has been undermined and retrain by the menace of corrupt practices.
Without doubt, corruption has permeated the Nigerian society and in the words of Achebe any one. Nigeria: how to lose $35bn an island of principle and moral backbone in a great sea of corruption, waste and dysfunction. Trusted in a way that other politicians and public figures can only. This book reveals how global capitalism is rigged in favour of rentiers to the detriment of all of us, Abdulistic capitalism and Nigerian development policy book the Oil.
A plutocracy and elite enriches itself, not through production of goods and services, but through ownership of assets, including intellectual property, aided by subsidies, tax breaks, debt mechanisms, revolving doors /5(24). Nigerian president: we have firm evidence of oil corruption This article is more than 4 years old Muhammadu Buhari, who was elected in May on an anti-corruption ticket, says ‘mind-boggling.
Corruption hampers development and thus raises the level of poverty in any economy that finds itself entrenched in corrupt practices. Corruption creates uncertainty and risk in the growth and development potential of any country.
The study investigated the impact of corruption on economic development in. "Corruption in the Nigerian context is endemic, because it permeates all stratas of the society. You can find corruption everywhere you actually dig into in the daily life activities of Nigerians.
Dynamic Relationship Between Fiscal Policy and Economic Growth in Nigeria (Long and Short Run Analysis) Oil, Systemic Corruption, Abdulistic Capitalism and Nigerian Development: A political economy Port Harcourt: paragraphics publishers.  Aghevli, B. and M. Khan (). Inflationary and economic growth Journal of political Economy Author: Paul Ndubuisi.
On Nigeria’s systemic corruption. made read like a concise report of the moral condition of the Nigerian elite, and it is not only embarrassing, it is dejecting. within consider public. Corruption can be defined as the use of entrusted power to accumulate public wealthy for personal benefit.
Corruption is not peculiar to any country, continent or state; it is sure a global issue which is an endemic to all government all over the world. However, corruption is prevalent in the Niger. Nigeria: The Corruption of Oil BY Darren For those living in the San Francisco Bay Area who would like to know more about Nigerian oil politics and the Niger Delta, we recommend a trip to the.
The majority of the book analyses society and the corruption of capitalism, with the remaining 10% providing solutions in the form of basic income and state monopoly capitalism that encourages businesses but allows proceeds to flow to the public as well as to private interests.
An incedible book which I couldn't put down!!/5(6). The country’s oil wealth fuels corruption instead of advancing education and health care. Since the discovery of oil, Nigeria has been faced with greater inequalities in wealth, an ecological system devastated by major oil spills and immense corruption.
Nigeria has the largest economy in Africa, and this is mainly because of its oil resource. The Corruption of Capitalism: A strategy to rebalance the global economy and restore sustainable growth 1St edition by Richard Duncan () Perfect Paperback [Richard Duncan] on *FREE* shipping on qualifying offers.
The Corruption of Capitalism: A strategy to rebalance the global economy and restore sustainable growth 1St edition by Richard Duncan () Perfect Paperback/5(16). In The Corruption of Capitalism, Richard Duncan provides a clear and comprehensive explanation of how this calamity came about.
He also offers a strategy to permanently resolve it. The book is divided into three parts. Part I describes the present state of the global economy and. Many oil and gas companies protect the identities of their equity holders and subsidiaries. This allows corrupt leaders to hide stolen funds unnoticed.
Inadequate financial statements make it easy to disguise corrupt deals, and impossible for any of us to monitor them. Many oil and gas companies don’t publish information country by country. Corruption, Capitalism and Democracy The scandal of corruption is boundless.
As John Girling demonstrates in this new study, corruption does not disappear as countries develop and modernize. Instead, corruption takes on new forms. For corruption is symptomatic of a deeper problem: the collusive system in which politicians.
Corruption in the Nigeria’s upstream petroleum sector is a serious concern and a major challenge facing Nigeria. Successive governments in Nigeria have fought corruption for decades with insignificant success.
The paper examines how Nigeria’s anti-corruption legal regime can eradicate corruption in the sector and critically assesses our national anti-corruption : Olusola Joshua Olujobi.Keywords: Corruption, oil and gas industry, economic growth Introduction One of the greatest threats to economic and political development of any nation is corruption (Mohammed, ).
Corruption has been identified as one major obstacle militating against rapid growth and development of the Nigerian economy (Nagari, Umar & Abdul, ).Given the characteristics of state capitalism in a political-economy framework, Bremmer () identified four major actors in the state capitalism for its origin and evolution in the contemporary world viz, National Oil Corporations, Sate Owned Enterprises, Privately owned National industry champions and the Sovereign Wealth by: 1.