4 edition of Labor, state and capital in Nigeria"s oil industry found in the catalog.
Includes bibliographical references (p. -212) and index.
|Statement||Julius O. Ihonvbere.|
|LC Classifications||HD8039.P4 I418 1998|
|The Physical Object|
|Pagination||x, 214 p. ;|
|Number of Pages||214|
|LC Control Number||97051515|
In spite of the country’s traditional reliance on hydrocarbons, Nigeria’s industrial sector is diversified and growing, ranging from food and beverages to building materials, and catering to a market of over m people. After a decades-long slump in manufacturing output, triggered by the scaling up of oil production in the s, the country is working to reverse the trend and enable. GABRICH Global is pleased to bring to you the History Of The Nigerian Petroleum Industry this week. Oil was discovered in Nigeria in at .
The remarks provide insights into Nigeria’s oil industry. Sunmonu said that Nigeria lost over three hundred thousand barrels of crude a day to oil theft, “deferment,” and illegal refining in. The passing into law of the Nigerian Oil and Gas Industry Content Development Bill is a step in the right direction. However, the critical issue remains that of monitoring and enforcement or else the overall benefits of the law will not be felt by Nigerians.
On 25 May , Wood Mackenzie hosted our 3rd edition of the Nigeria Oil & Gas Briefing in Lagos. The event was attended by IOCs, indigenous oil companies, government entities and financial institutions, providing a platform for robust discussion of industry issues in Nigeria. From the midth century throughout the colonial period, the Niger Delta was the heart of the global palm oil industry. And years before that, we would have seen slave ships in the Cawthorne Channel. Bonny was one of the main arterial points for the assemblage of slave labor prior to the horrors of the Middle Passage.
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Genre/Form: History: Additional Physical Format: Online version: Ihonvbere, Julius Omozuanvbo. Labor, state and capital in Nigeria's oil industry.
Lewiston, N.Y., USA. The Nigerian Oil and Gas Industry Content Development Act further provides that only Nigerians will be employed in junior and intermediary cadres of employment and that a maximum of 5 percent of.
The remaining % was earmarked as a special fund to new develop oil-producing areas, but during the Shagari regime the corruption in Nigerian governance reached its zenith and capital flight out of Nigeria peaked, while people in the oil-producing areas continued to receive little or none of the oil profits.
Additionally, saw oil. Nigeria is a major oil and gas producer in the Africa region, accounting for about 25% of oil as well as gas production in the region. But duringthe oil production in the region declined due to combination factors, including low and cyclic oil price environment, political instability, terrorist attacks on the infrastructure, among others.
Nigeria entered recession in as a result of lower oil prices and production, exacerbated by militant attacks on oil and gas infrastructure in the Niger Delta region, coupled with detrimental economic policies, including foreign exchange restrictions.
GDP growth turned positive in as oil prices recovered and output state and capital in Nigerias oil industry book. relations in general and, in particular, in the Nigerian oil and gas industry.
The aim is to make valid contribution to the strategic management of industrial/labour relations in the oil and gas industry. To achieve this aim, the rest of the paper is organised as follows: a brief review of the conceptual and contextual issues; examination of theFile Size: KB.
The labor unions derive their financial strength from check-off dues paid by every member through their company chapters to the state branches and finally, to the headquarters. The Nigeria Labour Congress, NLC was the umbrella movement with the sole mandate of protecting workers from exploitation in the hands of employers until some years ago.
Oil and Gas Industry in Nigeria: The Paradox of the Black Gold Because of the conﬂicts and the fear of sabotage, between December and Aprilan estimatedbpd of crude Author: Joseph Effiong. Oil and Casualization of Labor in the Niger Delta Foreword by Richard L.
Trumka, President, AFL-CIO T he quest for oil roils markets and heavily inﬂ uences world politics. Oil continues to power transportation, manufacturing, and global trade, and is ever-present, from gasoline to household chemicals and countless consumer Size: 1MB.
Oil price volatility continues to influence Nigeria’s growth performance. Between andNigeria’s gross domestic product (GDP) grew at an average rate of 7% per year. Following the oil price collapse incombined with negative production shocks, the gross domestic product (GDP) growth rate dropped to % in Militants are devastating Nigeria’s oil industry again.
Here’s what you need to know. Cranes are seen during a facility tour at the proposed Dangote oil refinery site on the outskirts of. THE IMPACT OF OIL ON NIGERIA’S ECONOMIC POLICY FORMULATION By ‘Biodun Adedipe, Ph.D. Chief Consultant, B. Adedipe Associates Limited, Victoria Island, Lagos, [email protected] Nigeria’s proposed Petroleum Industry Bill sets to increase taxes in such a way that energy companies claim further exploration is uneconomical, and overall production will likely decline by 25%.
"If U.S. troops go to Africa," G. Pascal Zachary, wrote Main AlterNet, "it won't be for a humanitarian intervention; it will be to protect American oil interests in the troubled Niger Delta." Nigeria's oil industry is nearly synonymous with violence, as kidnappings and conflict continuously disrupt operations.
"Oilmen looking for an alternative to the politically troubled oil. ecosystem, the individual with a capital of US$ can give expression to their entrepreneurial aspiration by opening shop (Lobato, ).
Yet, this informality is an ambivale nt concep t. It is the 10th largest oil producer in the world and the third largest in Africa. Oil revenues account for about 95% of Nigeria's foreign exchange earnings. Current daily production is typically limited by OPEC quota reductions.
As a member of OPEC, Nigeria's oil productionfluctuates in line with the cartel's response to world oil supply. The industry needs to put their money where their mouth is if it expects to end communal violence.
People without jobs or food in their stomachs can be moved to desperate acts. Aret Adams, a Nigerian oil industry analyst and former government adviser, told the AP. Beyond economic effects, Nigeria's environment has been harmed as well.
As much. Despite accounting for about 70 per cent of Nigeria’s revenue, the oil and gas sector was the least employer of labour in Nigeria indata released by the National Bureau of Statistics has. oil and gas industry in Nigeria. The legislative framework regulating the Nigerian oil industry, including the Constitution of NigeriaLand Use Act,4 Petroleum Act,5 Associated Gas Re-injection Act,6 Environ-mental Impact Assessment Act (EIA),7 Oil Pipelines Act,8 Petroleum Act,9 Hydrocarbon Oil Refineries Act,10 Harmful Waste (Special Crimi-Cited by: 5.
Overview of the Nigerian Oil and gas Industry The Nigerian oil and gas industry has been vibrant since the discovery of crude oil in by the Shell Group. However, the sector was largely dominated by multinational corporations until the early s when Nigerian companies began to make a foray into the industry.In spite of the oil, agriculture remains the base of the Nigerian economy, providing the main source of livelihood for most Nigerians.
The sector faces many challenges, notably an outdated land tenure system that constrains access to land ( ha/farming household), a very low level of irrigation development (less than 1 percent of cropped land under irrigation), limited adoption of research.This well-researched book on the oil industry in Nigeria deals with the major consequences of foreign oil operations in village communities.
The study gives a comprehensive overview of the environmental and social impact of oil operations, which have so far been little understood. In addition, a wide range of background data is presented on oil companies and their conflicts with village Reviews: 1.