Friday, December 20, 2013

Is Oil Helping Or Hurting Nigeria's Economy?

IS OIL HELPING OR HURTING NIGERIA S ECONOMYAJMAL AMANEcon 362AFRICAN DEVELOPMENTIntroductionThe abundance of fogey crude petroleum in Nigeria should be helping the countries saving but in actuality it is hurting it . Oil in Nigeria has plow a imaging curse in that many of the countries parsimony problems cease be closely related to it s vegetable oil diligence . It is causing a situation of Dutch Disease in which other sectors of economic growth are universe sacrificed in to focus on oil take . The unstable presidential term has lead to collusion which is increasing the corruption and leading to adverse economic situations for Nigeria s citizens . Nigeria being a failed state is scaring off extraneous investors and causing bang-up flight due to it s explosive thriftiness . The presence of oil companies in Nigeria ha s had additional effects on the local economy including loss of property price splashiness , prostitution , and contamination .
bestessaycheap.com is a professional essay writing service at which you can buy essays on any topics and disciplines! All custom essays are written by professional writers!
The shift from agricultural to oil production has also left hand Nigeria s economy susceptible to volatile international market shifts . all(a) if not most of the countries economic problems from organization to agriculture can be traced back to Nigeria s oil industryWhile oil companies promote themselves as a positive force in Nigeria providing much needed economic development and resources , the reality is that they execute inadequate environmental standards , human rights standards , and public health standards . These oil com! panies act as a destabilizing force , pitting whiz community against about other , and working together with the soldiers they help cause some of the...If you want to get a full essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.