De-escalation strategies for kleptocracy in Nigeria’s oil sector

Abstract

Purpose

The purpose of this qualitative case study is to explore strategies for the de-escalation of kleptocracy in Nigeria’s oil and gas industry.

Design/methodology/approach

The author used a qualitative case study to facilitate the generation of data from eight research participants in semi-structured open-ended interviews.

Findings

The themes that emerged from analysis of interview transcriptions were high self-control, traditional African oath of office, whistleblowing, stiffer penalties for corrupt officials, education and training, self-regulation and sonic therapeutic intervention.

Research limitations/implications

Interviewees might withhold information regarding their insights on strategies for de-escalating kleptocracy. That was beyond my control.

Practical implications

The study results provided leaders with insightful comprehension of anti-kleptocracy policy in the oil and gas industry. Therefore, leaders would benefit and advance their decision-making process on the development and implementation of an anti-kleptocracy strategy to revamp the financial value of the oil and gas industry in Nigeria.

Social implications

The results of the study have the potential to contribute to positive social change by enlightening government leaders and anti-corruption agencies on strategies to de-escalate kleptocracy in the oil and gas industry.

Originality/value

The study’s uniqueness enabled filling the gap in financial crime literature as well as an added value to the applied management and decision sciences domain.

Citation

Das, V. (2020), "De-escalation strategies for kleptocracy in Nigeria’s oil sector", Journal of Financial Crime, Vol. 27 No. 3, pp. 821-834. https://doi.org/10.1108/JFC-03-2020-0036