Green Economic Recovery in Post-COVID-19 Era

COVID-19 is the defining challenge of modern age. It is not only a public health emergency but is equally an economic crisis. It is bringing personal tragedy into households across the globe as well as economic crisis. GDP and government revenues are fall

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Oil Mortality in Post-Fossil Fuel Era Nigeria Beyond the Oil Age

Oil Mortality in Post-Fossil Fuel Era Nigeria

Augustine Sadiq Okoh

Oil Mortality in Post-Fossil Fuel Era Nigeria Beyond the Oil Age

Augustine Sadiq Okoh Department of Political Science Benue State University Makurdi, Nigeria

ISBN 978-3-030-60784-5 ISBN 978-3-030-60785-2 (eBook) https://doi.org/10.1007/978-3-030-60785-2 © The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, expressed or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Springer imprint is published by the registered company Springer Nature Switzerland AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland

This book is dedicated to a gentleman and officer, Major General Johnston Olubummi Irefin, the General Officer Commanding the 6th Division of Nigerian Army for his commitments to the world of military and academic excellence.

Preface

Nigeria is prone to cyclical distortions in the international market. Uncertainties of the oil market make the resource considered as the “heartbeat of the nation” also to be the country’s Achilles heel. Nigeria’s response to the perennial volatility in the oil market is largely one of ambivalence and not commensurate with scale of the problem. In most cases, economic diversification has become a rhetorical statement conjured in moments of crisis to assuage the restive society. But once the crisis is temporally overcome, the planners of national development seem to relapse to the status quo. These recurrent lapses show that the efforts are mainly grandstanding commitment to economic diversification, and hence was never meant to redirect the sinking ship of Nigerian economy. There is no tangible clean or green energy strategy and growth plans comparable to those articulated in other oil-produc