Resource Control in African States: The Implications for Economic Growth and Development of Niger Delta Region in Nigeria
John Udoidem and Paul O. Udofot
Full Length Research Paper I Published June,2017
Pearl Journal of Management, Social Science and Humanities Vol. 3 (1), pp. 1-9.
ABSTRACT
It is a common phenomenon in African States that resources
are managed and controlled by the central government to the
neglect of the principle of resource control. The Nigerian
experience was investigated with emphasis on its implication
for economic growth and development of the resource
producing region. In particular, the study was centred on
the economic life in the oil producing area of Niger Delta
Region referred to as South-South in Nigeria. Data extracted
from works by other scholars were used for qualitative
analysis while secondary data obtained from Ministry of
Finance and National Bureau of Statistics (NBS) was used for
qualitative analysis. Simple regression was the inferential
statistical tool adopted to examine the effect of neglect of
resource control on economic life of the South-South people.
Findings revealed that management and control of resources
by the central government has negative effect on economic
growth in the South-South. The major recommendation was that
the principle of resource control should be adopted in
totality and should be enshrined in the constitution of the
Federal Republic of Nigeria.
Key words: Derivation, Resource Control, Degradation,
Militancy, Growth and Development.
- Journal of Agricultural Science and Food Technology (JASFT)
- Journal of Medical and Biological Science Research (JMBSR)
- Journal of Scientific Research and Essays (JSRE)
- Research Journal of Educational Studies and Review (RJESR)
- Journal of Physical Science and Environmental Studies (JPSES)
- Research Journal of Engineering and Technology (RJET)
- Pearl Journal of Management, Social Science and Humanities (PJMSSH)