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Political economy of the petroleum sector in Nigeria (English)

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...
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Gboyega,Alex Emmanuel; Le,Tuan Minh; Shukla,Gangadhar Prasad; Soreide,Tina.

Political economy of the petroleum sector in Nigeria (English). Policy Research working paper ; no. WPS 5779 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/110701468291344787

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