期刊名称:International Journal of Development and Sustainability
印刷版ISSN:2186-8662
出版年度:2014
卷号:3
期号:3
页码:418-430
出版社:International Society for Development and Sustainability (ISDS)
摘要:The emergence of OPEC was evidential of the Petroleum Exporting Countries' dissatisfactionwith an industry dominatedby international oil companies, and arguably skewed financial arrangements and agreements. This paper discusses the nature and analysis of the implicit and explicit context of the evolution of the Nigerian National Petroleum Company (NNPC) with a view to identify its limited developmental outcome. I argue that the territorial embeddedness of the extractive industry notwithstanding, NNPC is yet to accomplish OPEC's Resolution XIV Article 90, and is not likely in the context and dynamics of present day Nigeria. Stepping down from the wider debate, I argue that, NNPC has been inundated by armed conflict arising from poor governance, socio-political instability and issues relating to oil-led environmental degradation. The latter has become a twenty-first century global challenge, such as the consequences on population and ecology. Following on from this, this paper concludes by suggesting that a more radical framework of NNPC's strategic fit is compelling because of the need to take a fuller and comprehensive operational role in Nigeria's energy regime, which is dominated by fossil fuels, and hence shift emphasis from fossil-based energy system to a more sus tainable energy production and use.