Question 1: Dependence on Oil & A ; Oil deficit Impact Question 2: Economic Development Planning Question 1 We come across a batch of docudramas on about day-to-day footing, yet some of them are serious plenty to pull our attending towards the upseting province of the Earth. Most significantly, all of these sorts of docudramas are besides supported by comprehensive research and surveies conveying the […]
INTRODUCTION Fluctuations of crude oil prices and the crisis of rising food insecurity have always been the main concerns of policymakers worldwide. Since the 1960s when oil was first discovered in Nigeria, oil has accounted for a large share of Nigeria’s export economy (Daramola, et.al, 2007). In 2000, for example, 99.6% of Nigeria’s export income came from oil, making it the world’s most oil dependent […]
The oil industry and the multinationals dealing with crude oil are the most unethical businesses in the world. A controversial increase in oil prices is biting hard in many developing and third world countries and cost of life is becoming higher daily. Recession, economic weather and foreign policies on energy have been blamed on these contexts. However, there has been no strategic usurpation on declining […]
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