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Article
Publication date: 1 December 2020

Bello Umar and Zayyanu Mohammed

The purpose of this study is to determine the extent illicit flows affect the oil and gas revenue generation in Nigeria specifically the activities concerning oil theft.

Abstract

Purpose

The purpose of this study is to determine the extent illicit flows affect the oil and gas revenue generation in Nigeria specifically the activities concerning oil theft.

Design/methodology/approach

A qualitative approach using a systematic quantitative assessment technique was used to select peer-reviewed articles and reports that discussed crude oil theft in Nigeria. This was followed by the use of empirical evidence and content analysis.

Findings

Crude oil theft in Nigeria accounts for 10% of illicit financial flows (IFFs) from Africa annually and this amounts to US$6bn annually.

Research limitations/implications

Oil theft is a new subject area of public policy and academic research; data, secondary literature and peer-reviewed journal articles are limited. This paper was from the public sector perspective only.

Originality/value

This study is one of the few works to highlight the connection between crude oil theft and IFFs.

Details

Journal of Money Laundering Control, vol. 24 no. 1
Type: Research Article
ISSN: 1368-5201

Keywords

Open Access
Article
Publication date: 10 May 2021

Olusola Joshua Olujobi

This study aims to investigate why anti-corruption statutes are not efficient in Nigeria’s upstream petroleum industry.

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Abstract

Purpose

This study aims to investigate why anti-corruption statutes are not efficient in Nigeria’s upstream petroleum industry.

Design/methodology/approach

This study is a doctrinal legal research that embraces a point-by-point comparative methodology with a library research technique.

Findings

This study reveals that corruption strives on feeble implementation of anti-corruption legal regime and the absence of political will in offering efficient regulatory intervention. Finally, this study finds that anti-corruption organisations in Nigeria are not efficient due to non-existence of the Federal Government’s political will to fight corruption, insufficient funds and absence of stringent implementation of the anti-corruption legal regime in the country.

Research limitations/implications

Investigations reveal during this study that Nigerian National Petroleum Corporation (NNPC) operations are characterised with poor record-keeping, lack of accountability as well as secrecy in the award of oil contracts, oil licence, leases and other financial transactions due to non-disclosure or confidentiality clauses contained in most of these contracts. Also, an arbitration proceeding limit access to their records and some of these agreements under contentions. This has also limited the success of this research work and generalising its findings.

Practical implications

This study recommends, among other reforms, soft law technique and stringent execution of anti-corruption statutes. This study also recommends increment in financial appropriation to Nigeria’s anti-corruption institutions, taking into consideration the finding that a meagre budget is a drawback.

Social implications

This study reveals that corruption strives on feeble implementation of anti-corruption legal regime and the absence of political will in offering efficient regulatory intervention. Corruption flourishes due to poor enforcement of anti-corruption laws and the absence of political will in offering efficient regulatory intervention by the government.

Originality/value

The study advocates the need for enhancement of anti-corruption agencies' budgets taking into consideration the finding that meagres budgets are challenge of the agencies.

Details

Journal of Money Laundering Control, vol. 26 no. 7
Type: Research Article
ISSN: 1368-5201

Keywords

Expert briefing
Publication date: 11 August 2022

This forms part of a broader crackdown against bunkering, oil theft, smuggling, violent crime, piracy and insurgencies in the Niger Delta as Nigeria struggles to increase its oil

Details

DOI: 10.1108/OXAN-DB272042

ISSN: 2633-304X

Keywords

Geographic
Topical
Article
Publication date: 23 February 2010

K.N. Aroh, I.U. Ubong, C.L. Eze, I.M. Harry, J.C. Umo‐Otong and A.E. Gobo

The purpose of this paper is to review oil spill incidents and pipeline vandalism in Nigeria between 1970 and 2006 and to examine the potential danger posed by such activities to…

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Abstract

Purpose

The purpose of this paper is to review oil spill incidents and pipeline vandalism in Nigeria between 1970 and 2006 and to examine the potential danger posed by such activities to public health.

Design/methodology/approach

The approach adopted to achieve this objective is questionnaire administration on health impacts. Also secondary sources of information come from textbooks and journals. However, data from natural resources exploitation and hazards are collated and analyzed.

Findings

It is evident that, out of the 1,000 reported oil spill incidents analyzed, some hundreds of thousands of barrels of oil are lost to the environment. Graphic pictures of typical oil spill through acts of vandalism in Ishiagu, Ebonyi State, Nigeria are analyzed and reviewed. The run‐off and sedimentation of this pollutant in fresh water systems severely degrade water quality, affect fish spawning and aquatic invertebrates' habitats, thus lowering food web productivity. Incidentally the spill‐over effect on humans who directly depend on fish and other aquatic food as an alternative protein supplement is quite inundating. The effects on humans include irritation, dermatitis, cancer, occurrence of abortion, organ failure and genetic disorder.

Research limitations/implications

The limitations encountered in this research work include logistics problems, poor response and uncooperative attitude from respondents, transportation difficulties and restricted access to impacted sites by law enforcement agents and funding. Therefore subsequent researchers in this area should be equipped adequately with both the necessary protective gadgets and increased funding to meet challenges of this nature.

Practical implications

The practical implication of the study is that oil spill incidents should be documented and reported early enough for prompt attention by the regulatory agencies in order to protect and enhance the quality of the environment.

Originality/value

The value of the paper is that oil spill and pipeline vandalization devastate the environment, pollute dependable potable water sources such as streams and rivers and should be seen as a serious threat and negation to the attainment of the United Nations Millennium development goals.

Details

Disaster Prevention and Management: An International Journal, vol. 19 no. 1
Type: Research Article
ISSN: 0965-3562

Keywords

Article
Publication date: 20 May 2020

Vasudev Das

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

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.

Expert briefing
Publication date: 30 July 2015

The announcement mirrors the structural reforms first envisaged in the long-delayed Petroleum Industry Bill (PIB). President Muhammadu Buhari's policy direction in the oil and gas…

Details

DOI: 10.1108/OXAN-DB201333

ISSN: 2633-304X

Keywords

Geographic
Topical
Expert briefing
Publication date: 16 November 2022

This is the also the first bidding process begun under the 2021 Petroleum Industry Act (PIA), a landmark law that aims to overhaul the industry. Nigerian officials hope that its…

Details

DOI: 10.1108/OXAN-DB274064

ISSN: 2633-304X

Keywords

Geographic
Topical
Case study
Publication date: 2 February 2022

Jawaid Ahmed Qureshi, Aamir Firoz Shamsi and Farrah Arif

The learning outcomes are as follows: to analyze the multidimensional and complex crises, and market stature of a company that was a market and industry leader in a developing…

Abstract

Learning outcomes

The learning outcomes are as follows: to analyze the multidimensional and complex crises, and market stature of a company that was a market and industry leader in a developing country; to evaluate and interpret the outcomes of decisions pertaining declining profits, outstanding receivables, branding, marketing and radical reforms to overcome the challenges of sustainable growth, customers and employees’ loyalty, market stature and leadership crises; and to design strategic solutions for sustaining its leadership position and combating severe challenges.

Case overview/synopsis

The purpose of this paper is to ponder upon various crises that Pakistan State Oil (PSO) was facing, so that learners can critically analyze, assess and design strategic solutions for it. PSO was the state-run market leader in the petroleum industry. The company had been struggling to combat multiple types of turmoil at a time. Its huge fund of receivables was blocked in circular debt that caused the company budget constraints and deficits. Due to a government policy shift, the demand for its furnace oil substantially reduced and profits plummeted. The countless internal and external crises posed severe menace to its competitive position vis-a-vis its rivals. This qualitative case study garners data from eight interviews from senior managers in the petroleum industry and adds content analysis technique to acquire pertinent data from renowned media sources and subsequent analysis. The drastic crises left PSO with dearth of funds and declining profitability. Consequently, due to limited marketing budget, creativity of its marketing team for devising effective marketing programs to raise market share was compromised. PSO underwent the issues of brand sustainability, sustainable growth, customers and employees’ loyalty, and market stature to financial and leadership crises. However, despite limitations, it still enjoyed a market leadership position among its rivals in the industry by occupying more than half of the chunk of market in the petroleum industry. This is a unique case study of a state-owned giant company facing multidimensional menaces. It offers tremendous learning opportunities for students who can devise creative strategic solutions and link theories and models with practice.

Complexity academic level

Graduate (MBA), MS, PhD (management and administrative sciences); Suitable for teaching in chapters: Anywhere but ideally near the middle or end of the above courses.

Supplementary materials

Teaching notes are available for educators only.

Subject code

CCS 11: Strategy.

Details

Emerald Emerging Markets Case Studies, vol. 12 no. 1
Type: Case Study
ISSN: 2045-0621

Keywords

Article
Publication date: 3 October 2016

Akume T. Albert and F.C. Okoli

This paper aims to assess if the Economic and Financial Crimes Commission (EFCC) has been effective in combating corruption in Nigeria from 2003-2012.

Abstract

Purpose

This paper aims to assess if the Economic and Financial Crimes Commission (EFCC) has been effective in combating corruption in Nigeria from 2003-2012.

Design/methodology/approach

The paper adopted a documentary analytical approach.

Findings

The organization has not been effective in combating corruption in Nigeria.

Research limitations/implications

The study is between 2003-2012.

Practical implications

There is a need to correct those identified inhibitors that undermined the Commission’s capacity, such as intrusive government interference, lack of autonomy, poor funding and weak laws, among others, to mitigate corruption.

Social implications

Eliminating those identified constraints will remove the incentive to be corrupt, thereby curbing the desire to be corrupt.

Originality/value

This paper is an original assessment of the EFCC's effectiveness in combating corruption in Nigeria during the specified period.

Details

Journal of Financial Crime, vol. 23 no. 4
Type: Research Article
ISSN: 1359-0790

Keywords

Executive summary
Publication date: 4 November 2015

NIGERIA: Oil sale reform to be a popular, initial move

Details

DOI: 10.1108/OXAN-ES206431

ISSN: 2633-304X

Keywords

Geographic
Topical
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