Political Economy of Oil Resources Management in Nigeria: Lessons from Other Countries

Perekunah Eregha and Ekundayo Mesagan

No 19/065, Working Papers from European Xtramile Centre of African Studies (EXCAS)

Abstract: The study focuses on the political economy of oil resources management in Nigeria with the sole purpose of showcasing how far the country has gone in effectively managing its crude oil proceeds. It presents a brief history on the excess crude account as well as the sovereign wealth fund in Nigeria and then presents the models of excess oil resource management of some other countries. This is to enable Nigeria to draw some lessons and then take steps that guarantees the sustenance of growth and development.

Keywords: Crude Oil; Political Economy; Sovereign Wealth Fund; Excess Crude Account; Growth; Nigeria (search for similar items in EconPapers)
JEL-codes: D72 D73 D78 Q34 Q43 (search for similar items in EconPapers)
Pages: 19
Date: 2019-01
New Economics Papers: this item is included in nep-ene and nep-pol
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

Forthcoming book chapter: Political Economy of Oil resources Management in Nigeria: Lessons from other Countries. In R.O.S. Dauda, S.O. Akinleye & E.D. Balogun (Eds.), Leading Issues in Macroeconomic Stabilisation and Financial Development. A Festschrift in Honour of Professor Oluwatayo Fakiyesi.

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http://publications.excas.org/RePEc/exs/exs-wpaper ... ement-in-Nigeria.pdf Revised version, 2019 (application/pdf)

Related works:
Working Paper: Political Economy of Oil Resources Management in Nigeria: Lessons from Other Countries (2019)
Working Paper: Political Economy of Oil Resources Management in Nigeria: Lessons from Other Countries (2019)
Working Paper: Political Economy of Oil Resources Management in Nigeria: Lessons from Other Countries (2019)
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