Oil Blocs Allocations and Nigeria's Socio-Economic Development (1999 - 2020)

Academic Paper from the year 2021 in the subject Politics - Region: Africa, grade: 4.5, , language: English, abstract: This research examined the impact of oil block allocation on national development (1999 -2020). The objectives were to determine the impacts of oil block allocation on national developments and highlight the challenges of oil block allocation for national development. The need to continuously look at oil wealth and national development in Nigeria cannot be over-emphasized. Increased poverty, illiteracy and unemployment amidst oil wealth through oil block allocation necessitated this critical examination. This research is anchored on State Fragility Theory (SFT). Institutional weakness and state instability are triggered by violence, criminality and unrest due to unfulfilled expectations; the unexplained relationship between poverty and oil wealth in Nigeria. This study used descriptive research design and content analysis. The data employed for the study were mostly gathered from secondary sources. This work observed that oil wealth has not translated to national development due to the concentration of oil block allocation in the concentration of oil block allocation in the hands of few individuals and multinational corporations. It strongly recommended the revocation of oil block licenses and transferring ownership to the people through the federal and state government in Nigeria.

Auteur

I am Ebenezer Leo the Great Ph.D. I hail from Ula-upata town Ahoada East Local Government Area of Rivers State, Nigeria. I hold a Ph.D in Political Science from the University of Port-Harcourt in Rivers State, specialsing in Comparative/ Nigerian Government and Politics. Currently, I am a Senior Lecturer in the Department of Political Science, Federal College of Education Technical Omoku Rivers state Nigeria. I teach Political Economy, Political Research Methods, Comparative Government and Politics, Constitutional Development in West Africa, Social Sciences, Issues in Peace and Conflict Resolution studies, Local Government Administration etc. to undergraduate students. I am into full time teaching, research and mentorship. I have published over ten journal articles in local journals (hard copies) and contributed chapter papers in books. I have written three books too. My Ph.D research was on "Political Accountability and Voter Turnout in Nigeria's Elections (1999-2015)". I am currently seeking funding to update the research from 2019 to 2023 elections in Nigeria. My two other ongoing research endeavours will also be published internationally. I fund all my researches, conferences and professional bodies' registrations personally. But I am determined as a young scholar to excel if given the opportunity to prove myself and help address socio-economic and political issues academically. Presently, I am a member of the International Political Science Association (IPSA), Nigerian Institute of International Affairs (NIIA); Nigerian Political Science Association (NPSA) and Teachers Registration Council of Nigeria (TRCN). I have spent the past ten years in the university system in administration, teaching, research, project supervision, mentorship and general support services. I love education especially quality and sustainable education in the school system for societal socio-economic and political development. Presently, I am the Project Coordinator of the Global Coalition Against Examination Malpractice in Africa (GCAEMA) project aimed at revamping the reading culture, curbing examination malpractice and promoting quality education in the school system in Nigeria and Africa.