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

Ekundayo Mesagan and Perekunah Eregha

MPRA Paper from University Library of Munich, Germany

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 of 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 guarantee 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)
Date: 2018-11-12, Revised 2019-08-15
New Economics Papers: this item is included in nep-ene
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Published in In R. O. S. Dauda, S. O. Akinleye & E. D. Balogun (Eds.), Leading Issues in Macroeconomic Stabilisation and Financial Development (pp. 251 – 263). Lagos, Nigeria: Unilag Press & Bookshop Ltd. (2019): pp. 251-263

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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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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:95667

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