Nigeria, similar to many resource‐abundant nations around the world, seems to develop
economically at a slow pace. This phenomenon has come to be known as the resource …

The study investigates the relationship between oil price, revenue variation and economic
growth in Nigeria. The study makes use of a secondary data spanning 1981 and 2016. The …

In spite of the huge rents from oil, the economy still couple with many problems including
high and rising unemployment rate, declining manufacturing production, high and rising …

This research attempted to investigate the effects of oil production on the performance of the
Nigerian economy, with a view to either accepting or rejecting the resource curse hypothesis …

Crude oil, which was first discovered in Nigeria in 1956 by the Shell-BP Development
Company, has contributed significantly to the country's economic development. The …

Nigerian oil production at an average stable rate of about 2 million barrels per day (b/d)
during the 1970s has come as a surprise to many observers who had classified Nigeria as …

This study examines the dynamic relationship between oil revenue, government spending
and economic growth in Nigeria. Since the discovery of oil, oil proceeds have dominated the …

Background The current state of the upstream petroleum industry in Nigeria portrays an
optimistic outlook, ceteris paribus. According to the Oil and Gas Journal (OGJ), Nigeria ranks …

As a major oil producer and member of OPEC, Nigeria benefited greatly from the sharp
increases in world oil prices during the 1970s. It was especially hard hit by the weakening of …

The mixed empirical findings from the previous studies that examined the impact of oil
revenue on economic growth in oil‐rich countries have raised a lot of questions as to why oil …