Political Economy of the Petroleum Sector in Nigeria

Gboyega, Alex; Soreide, Tina; Le, Tuan Minh; Shukla, G. P.

dc.creator	Gboyega, Alex
dc.creator	Soreide, Tina
dc.creator	Le, Tuan Minh
dc.creator	Shukla, G. P.
dc.date	2012-03-19T18:04:20Z
dc.date	2012-03-19T18:04:20Z
dc.date	2011-08-01
dc.date.accessioned	2023-02-17T20:58:57Z
dc.date.available	2023-02-17T20:58:57Z
dc.identifier	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110824134316
dc.identifier	http://hdl.handle.net/10986/3542
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/244506
dc.description	The relatively slow pace of Nigeria's development has often been attributed to the phenomenon of the resource curse whereby the nature of the state as a "rentier" dilutes accountability for development and political actors are able to manipulate institutions to sustain poor governance. The impact of the political elite's resource-control and allocation of revenues on core democratic mechanisms is central to understand the obstacles to development and governance failure. Given that problems of petroleum sector governance are extremely entrenched in Nigeria, the key question is whether and how it is possible to get out of a poor equilibrium after fifty years of oil production. This paper uses a political economy perspective to analyze the governance weaknesses along the petroleum sector value chain and attempts to establish the links between challenges in sector regulation and the following major political and economic attributes: (i) strong executive control on petroleum governance in a political environment of weak checks and balances; (ii) regulatory and operating roles bundled into one institution, thereby creating conflict of interest; and (iii) manipulation of elections and political appointments. The restoration of democratic government has helped improve transparency and management of oil revenue and reforms at the federal level and proposed reforms of the petroleum sector hold much promise. At the same time, the judiciary has started to restore confidence that it will serve as a check and balance on the executive and the electoral process. Yet, these reforms are fragile and need to be deepened and institutionalized. They must be addressed not as purely technocratic matters but as issues of political economy and vested interests that must, through regulation and reform, be aligned with the public interest and a vision of Nigerian development.
dc.language	English
dc.relation	Policy Research working paper ; no. WPS 5779
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo/
dc.rights	World Bank
dc.subject	ACCOUNTABILITY
dc.subject	ACID RAIN
dc.subject	ASSOCIATED GAS
dc.subject	AUDITS
dc.subject	AUTHORITY
dc.subject	BALANCE
dc.subject	BARRELS PER DAY
dc.subject	BUDGET EXPENDITURES
dc.subject	BUDGET REFORM
dc.subject	CASH TRANSFERS
dc.subject	CEMENT
dc.subject	CENTRAL GOVERNMENT
dc.subject	CENTRALIZATION
dc.subject	CITIZENS
dc.subject	CIVIL SOCIETY
dc.subject	CIVIL SOCIETY ORGANIZATIONS
dc.subject	COAL
dc.subject	COMMUNITY DEVELOPMENT
dc.subject	COMPETITIVE BIDDING
dc.subject	CONFIDENCE
dc.subject	CONFLICT OF INTEREST
dc.subject	CONSENSUS
dc.subject	CONSTITUTION
dc.subject	CONSTITUTIONS
dc.subject	CORRUPTION
dc.subject	CORRUPTION PERCEPTION
dc.subject	CORRUPTION PERCEPTION INDEX
dc.subject	COUNCILS
dc.subject	CPI
dc.subject	CRUDE OIL
dc.subject	CRUDE OIL LOSSES
dc.subject	CRUDE PRODUCTION
dc.subject	DECENTRALIZATION
dc.subject	DECREE
dc.subject	DELTA AREA
dc.subject	DEMOCRACY
dc.subject	DEMOCRATIC SYSTEM
dc.subject	DEPOSITS OF HYDROCARBONS
dc.subject	DISCLOSURE
dc.subject	DISTORTED INCENTIVES
dc.subject	DISTRIBUTION OF OIL
dc.subject	DRILLING
dc.subject	DRILLING ACTIVITIES
dc.subject	ECONOMIC ACTIVITY
dc.subject	ECONOMIC AND FINANCIAL CRIMES COMMISSION
dc.subject	ECONOMIC DEVELOPMENT
dc.subject	ECONOMIC GROWTH
dc.subject	ECONOMIC SITUATION
dc.subject	EFCC
dc.subject	ELECTRICITY
dc.subject	ENACTMENT
dc.subject	ENVIRONMENTAL
dc.subject	ENVIRONMENTAL DEGRADATION
dc.subject	ENVIRONMENTAL PROTECTION
dc.subject	EQUILIBRIUM
dc.subject	EXCLUSIVE BENEFITS
dc.subject	EXECUTION
dc.subject	EXECUTIVE POWER
dc.subject	EXPENDITURE
dc.subject	EXPLOITATION
dc.subject	EXTRACTIVE INDUSTRIES
dc.subject	EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE
dc.subject	FEDERAL GOVERNMENT
dc.subject	FEDERALISM
dc.subject	FINANCIAL CAPACITY
dc.subject	FINANCIAL CONTROL
dc.subject	FINANCIAL CRIMES
dc.subject	FINANCIAL CRISIS
dc.subject	FINANCIAL MANAGEMENT
dc.subject	FINANCIER
dc.subject	FISCAL DECENTRALIZATION
dc.subject	FISCAL INCENTIVES
dc.subject	FISCAL POLICY
dc.subject	FISCAL REFORM
dc.subject	FISCAL REGIME
dc.subject	FISCAL SYSTEM
dc.subject	FISHING
dc.subject	FOREIGN BANK ACCOUNTS
dc.subject	FOREIGN POLICY
dc.subject	GAS EXPORTS
dc.subject	GAS FLARING
dc.subject	GAS INDUSTRY
dc.subject	GAS PIPELINE
dc.subject	GAS PIPELINES
dc.subject	GAS PRODUCTION
dc.subject	GAS RESOURCES
dc.subject	GAS SALES
dc.subject	GOOD GOVERNANCE
dc.subject	GOVERNMENT CONTROLS
dc.subject	GOVERNMENT OFFICIALS
dc.subject	GOVERNMENT REVENUES
dc.subject	GOVERNMENTAL POLICIES
dc.subject	GROSS DOMESTIC PRODUCT
dc.subject	HEAD OF STATE
dc.subject	HIGH UNEMPLOYMENT
dc.subject	IMPEACHMENT
dc.subject	INCOME TAX
dc.subject	INSTITUTIONAL FRAMEWORK
dc.subject	INTERGOVERNMENTAL TRANSFERS
dc.subject	INTERNATIONAL OIL COMPANIES
dc.subject	JUDICIARY
dc.subject	LACK OF ACCOUNTABILITY
dc.subject	LAND USE
dc.subject	LAWYER
dc.subject	LEADERSHIP
dc.subject	LEGISLATION
dc.subject	LEGISLATIVE BODIES
dc.subject	LEGISLATIVE COMMITTEES
dc.subject	LEGISLATORS
dc.subject	LEGISLATURE
dc.subject	LEGITIMACY
dc.subject	LEVELS OF GOVERNMENT
dc.subject	LOCAL AUTHORITIES
dc.subject	LOCAL COUNCILS
dc.subject	LOCAL GOVERNMENT
dc.subject	LOCAL GOVERNMENTS
dc.subject	MILITARY REGIMES
dc.subject	MILLION BARRELS
dc.subject	MINERAL
dc.subject	MINERAL COMMODITIES
dc.subject	MINERAL OILS
dc.subject	MINES
dc.subject	MINISTRY OF FINANCE
dc.subject	NATIONAL INCOME
dc.subject	NATIONAL INDEPENDENCE
dc.subject	NATIONAL OIL
dc.subject	NATIONAL PLANNING
dc.subject	NATIONS
dc.subject	NATURAL GAS
dc.subject	NATURAL RESOURCES
dc.subject	NONRENEWABLE NATURAL RESOURCES
dc.subject	OIL
dc.subject	OIL AND GAS
dc.subject	OIL AND GAS SECTOR
dc.subject	OIL COMPANY
dc.subject	OIL EXPORTS
dc.subject	OIL INDUSTRY
dc.subject	OIL PIPELINES
dc.subject	OIL PRICE
dc.subject	OIL PRICES
dc.subject	OIL PRODUCERS
dc.subject	OIL PRODUCING
dc.subject	OIL PRODUCTION
dc.subject	OIL RESERVE
dc.subject	OIL RESOURCES
dc.subject	OIL REVENUES
dc.subject	OIL SECTOR
dc.subject	OIL-PRODUCING COUNTRIES
dc.subject	OPEC
dc.subject	ORGANIZATION OF PETROLEUM EXPORTING COUNTRIES
dc.subject	PETROLEUM
dc.subject	PETROLEUM COMPANY
dc.subject	PETROLEUM CORPORATION
dc.subject	PETROLEUM EXPORTS
dc.subject	PETROLEUM INDUSTRY
dc.subject	PETROLEUM LAW
dc.subject	PETROLEUM PRODUCTION
dc.subject	PETROLEUM PRODUCTS
dc.subject	PETROLEUM RESOURCE
dc.subject	PETROLEUM RESOURCES
dc.subject	PETROLEUM REVENUES
dc.subject	PETROLEUM SECTOR
dc.subject	PIPELINE
dc.subject	POLITICAL APPOINTMENTS
dc.subject	POLITICAL CONSENSUS
dc.subject	POLITICAL CONTROL
dc.subject	POLITICAL ECONOMY
dc.subject	POLITICAL ELITE
dc.subject	POLITICAL INTERFERENCE
dc.subject	POLITICAL POWER
dc.subject	POLITICIANS
dc.subject	POOR GOVERNANCE
dc.subject	POWER GENERATION
dc.subject	PREFERENTIAL TREATMENT
dc.subject	PRESIDENCY
dc.subject	PRICE FOR OIL
dc.subject	PRICE OF OIL
dc.subject	PRIMARIES
dc.subject	PRIVATE SECTOR
dc.subject	PRODUCERS
dc.subject	PRODUCTION COSTS
dc.subject	PRODUCTION SHARING CONTRACTS
dc.subject	PROVEN RESERVES
dc.subject	PUBLIC EXPENDITURES
dc.subject	PUBLIC FINANCE
dc.subject	PUBLIC HEARINGS
dc.subject	PUBLIC INVESTMENT
dc.subject	PUBLIC POLICY
dc.subject	PUBLIC REVENUES
dc.subject	PUBLIC SECTOR
dc.subject	PUBLIC SERVICE
dc.subject	PUBLIC UTILITIES
dc.subject	PUBLIC WELFARE
dc.subject	QUOTAS
dc.subject	REFINED PETROLEUM PRODUCTS
dc.subject	REFINED PRODUCTS
dc.subject	REFINERIES
dc.subject	REFINERY
dc.subject	REFINING
dc.subject	REHABILITATION
dc.subject	REPRESENTATIVES
dc.subject	RESOURCE ALLOCATION
dc.subject	RESOURCE CURSE
dc.subject	RESOURCE MANAGEMENT
dc.subject	REVENUE ADMINISTRATION
dc.subject	REVENUE COLLECTION
dc.subject	ROYALTY
dc.subject	ROYALTY RATES
dc.subject	SAFETY REGULATIONS
dc.subject	SENATE
dc.subject	STATE CONTROL
dc.subject	STATE GOVERNORS
dc.subject	STATE INSTITUTIONS
dc.subject	STATE REVENUES
dc.subject	SUSTAINABLE DEVELOPMENT
dc.subject	TAX ADMINISTRATION
dc.subject	TAX CREDIT
dc.subject	TAX LAW
dc.subject	TAX LAWS
dc.subject	TAX RATE
dc.subject	TAX RATES
dc.subject	TAX REFORM
dc.subject	TAX REGIME
dc.subject	TAX SYSTEM
dc.subject	TRANSPARENCY
dc.subject	UNEMPLOYMENT RATES
dc.title	Political Economy of the Petroleum Sector in Nigeria
dc.type	Publications & Research :: Policy Research Working Paper
dc.coverage	Africa
dc.coverage	Nigeria