The Politics of Oil in Nigeria: Transparency and Accountability for Sustainable Development in the Niger Delta
Esekumemu Victor Clark, D.Phil (Vienna)
Abstract
The discovery of crude oil in Nigeria led to the neglect of agriculture that was the mainstay of the economy.
Politics shifted to oil and how to maximize revenues accruing from the export of the commodity. Certainly, the
power elites were the reckless in the management of oil resources, including the depletion of other reserves. In
the process, corruption eclipsed both accountability and transparency. Eventually good governance and
development were sacrified and the people were left at receiving end. The paper examines these issues as they
relate sustainable development in the Niger Delta.
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