SUSTAINABILITY OF THE ENVIRONMENT AND WATER POLLUTION IN NIGERIA: PROBLEMS, MANAGEMENT AND POLICY OPTIONS

Ade Adenuga, Kanayo Kingsley Ogujiuba and Friday Ohuche
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Ade Adenuga: Central Bank of Nigeria
Friday Ohuche: Ebonyi State University, Nigeria

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Abstract: Severe environmental degradation appears to be threatening the long-term development prospects of countries all over the world, particularly the developing ones such as Nigeria. The paper reviews relevant literature and examines the process of environmental degradation via water pollution in Nigeria. While it notes that a careful management of water as a resource is essential for meeting a major demand created by accelerated urbanisation, industrialization and agricultural development, it highlights loss of revenue and declining health-care as some of the economic implications. The paper explores the possibility of applying economic instruments to mitigate environmental degradation, with particular reference to water pollution in Nigeria with a view to incorporating environmental costs in the decision-making process of producers and consumers. The paper posits that water pollution control need to be supported by coordinated policy, adequate legal and institutional framework which are essential tools for sustainable development.

Keywords: Sustainability; Environment; Degradation; Water Pollution; Economic Instruments (search for similar items in EconPapers)
JEL-codes: Q Q25 (search for similar items in EconPapers)
Date: 2005-08-22
Note: Type of Document - doc; pages: 28. Expecting comments on the paper. The paper is intended to be sent to a global journal on environment and sustainability

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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpot:0508009

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