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Nigeria - Want in the Midst of Plenty

Nigeria is Africa’s most populous nation and perhaps also its most poorly understood. It has endured six successful and numerous failed military coups, a civil war that cost well over a million lives, three inconclusive transitions to democracy …

A World Agreement on Oil?

This paper addresses ways to cope with potential instability in the world oil market, with a view to whether action by the L20 can do anything about it. It is often said that the major geographical source of oil, the "Middle East," is a highly turbu…

Nigeria’s Faltering Federal Experiment

Nigeria’s federal system and politics are deeply flawed, contributing to rising violence that threatens to destabilise one of Africa’s leading countries. Failing to encourage genuine power sharing, they have sparked dangerous rivalries between the c…

G-8 Preview: Bush and Allies to Discuss Repairing Their Rift and Rebuilding Iraq

The annual economic summit of eight industrialized nations, which begins June 1 in Evian, France, will provide an opportunity for President Bush to repair relations with major European countries that opposed the U.S. invasion of Iraq, particularly F…

Algeria's Economy: The Vicious Circle of Oil and Violence

The crisis in Algeria, now a decade old, is not merely a consequence of the interruption of the December 1991 elections by an army-backed coup to keep the Front Islamique du Salut (FIS: Islamic Salvation Front) from power. It is also an economic cri…

Nigeria is out of recession but not out of the woods yet

Nigeria’s economy has finally exited its worst recession in 29 years. After five quarters of negative growth, the economy grew by 0.55% in the second quarter of this year, a result largely driven by the oil sector which contributed about 78% of the …

The nexus between oil and conflict in South Sudan

A recent report from Global Witness focuses on the ‘’capture” of a state-owned oil company and its role in financing ongoing conflict in South Sudan. Michael Gibb from the international NGO unpacks it here.

The paradox of Nigeria's oil dependency

Following the collapse of crude oil prices in 2018, which triggered unpleasant memories of the 2014 and 2015 crash in world oil prices, the Nigerian government found itself in unchartered waters. It continues to struggle to revive the economy amidst…

The Impact of Oil Exploitation on Wellbeing in Chad

This study assesses the impact of oil revenues on wellbeing in Chad using data from the two last Chad Household Consumption and Informal Sector Surveys (ECOSIT 2 & 3), conducted in 2003 and 2011, respectively, by the National Institute of Statisti…

Sporadic Fuel Crisis in South Sudan: Causes Impacts and Solutions

South Sudan has encountered waves of periodic fuel crisis since 2011. The government has attempted quick-fix measures, but the crisis has continued unabated. Despite a number of speculations surrounding this matter, however, the actual causes and im…

Avoiding the Resource Curse Dilemma: The Discovery of Oil and Gas in Uganda

Since 2006, Uganda has made several oil and gas discoveries and the government hopes that the development of the sector will transform Uganda from a low-income into an upper middle-income country by 2040 and from a net importer to a net exporter o…

Efficiency of Food Reserves in Enhancing Food Security in Developing Countries: The Nigerian Experience

As a policy objective, the attainment of food security in Nigeria began facing challenges prior to independence when oil exportation began in 1958. But the challenges became pronounced and persistent after the commencement of large-scale oil expor…

Nigeria Economic Update Issue 19

In the first article titled: Growth in Crude Oil Production - Statistics are mentioned regarding the domestic oil production output, which increased to 1.82 million barrels per day (mbpd) in the month of April 2019. According to the global oil carte…

Angolan Futures 2050: Beyond Oil

Quality education and a good standard of living remain out of reach for most Angolans, despite decades of rapid economic growth. The oil price-induced economic downturn beginning in 2014 exacerbated already high levels of severe poverty, particularl…

COVID-19: Faced with a Violent and Long-lasting Shock, African Oil Countries are Improvising the Rescue of their Economy

While the Brent oil prices in London have been fluctuating between 20 and 35 dollars per barrel for several weeks, and while American oil prices in New York even reached negative values on 20 April, most African oil-producing countries have, at the …

Covid-19: Soumis à un Choc Violent et Durable, les Pays Pétroliers Africains Improvisent le Sauvetage de leur Économie / COVID-19: Faced with a Violent and Long-lasting Shock, African Oil Countries are Improvising the Rescue of their Economies

While the Brent oil prices in London have been fluctuating between 20 and 35 dollars per barrel for several weeks, and while American oil prices in New York even reached negative values on 20 April, most African oil-producing countries have, at the …

Delta Dilemmas: Buhari and Nigeria's South-South Zone

The oil rich Niger Delta region has been a policy and political challenge to successive administrations in Nigeria since the 1960s. Between 1999 and 2015 it featured prominently in the policy priorities of the People's Democratic Party (PDP). This h…

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