The Dialectics of Nigeria's Opaque Downstream Oil Sector and the Agency of Fuel Subsidy.

This paper draws from qualitative data to examine the opacity of Nigeria's downstream oil sector within the ambit of its fuel subsidy policy. It specifically addresses whether the poor state of Nigeria's refineries is linked to the prebendal benefits associated with the administration of fuel subsid...

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Publicado en:Pertanika Journal of Social Sciences & Humanities Vol. 32; no. 2; pp. 735 - 761
Autores principales: Nwozor, Agaptus, Afolabi, Oladiran, Chidume, Chukwudi Godwin, Okidu, Onjefu, Adedire, Solomon Adebayo
Formato: Artículo
Publicado: Universiti Putra Malaysia Jun2024
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Acceso en línea:Ver este registro en EBSCOhost
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      dt: Jun2024
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        atl: The Dialectics of Nigeria's Opaque Downstream Oil Sector and the Agency of Fuel Subsidy.
      aug:
        au:
          Nwozor, Agaptus
          Afolabi, Oladiran
          Chidume, Chukwudi Godwin
          Okidu, Onjefu
          Adedire, Solomon Adebayo
        affil:
          Political Science and International Relations Programme, Bowen University, Iwo, Osun State, Nigeria
          Department of History and Strategic Studies, Alex Ekwueme Federal University, Ndufu-Alike, Ikwo, Ebonyi State, Nigeria
          Mass Communication Programme, Bowen University, Iwo, Osun State, Nigeria
          Department of Political Science, Osun State University, Oshogbo, Osun State, Nigeria
      su:
        Petroleum refineries
        Energy subsidies
        Money laundering
        Government business enterprises
        Nigeria
      sug:
        subj:
          Nigeria
          Petroleum refineries
          Energy subsidies
          Money laundering
          Government business enterprises
      keyword:
        Corruption
        downstream oil sector
        fuel subsidy
        state capture
        state-owned refineries
      ab: This paper draws from qualitative data to examine the opacity of Nigeria's downstream oil sector within the ambit of its fuel subsidy policy. It specifically addresses whether the poor state of Nigeria's refineries is linked to the prebendal benefits associated with the administration of fuel subsidies as well as the correlation between the opacity of Nigeria's downstream oil sector and fuel subsidy. Furthermore, the paper interrogates how fuel importation could be considered a rational option to address domestic needs for refined petroleum products. The paper offers two major interrelated insights: First, it finds that fuel subsidy nurtures the propensity for sabotage, corruption, and money laundering; there tends to be a link between fuel subsidy and the non-functionality of Nigeria's state-owned refineries, and second, the pro-poor justifications for sustaining fuel subsidy is a proxy for continued elite enrichment through the manipulation of the subsidy regime. Overall, the paper highlights the imperative of rethinking the fuel subsidy architecture by rebuilding Nigeria's downstream oil sector, especially the domestic capacity for refining crude oil.
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    language: English
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      custom: Copyright of Pertanika Journal of Social Sciences & Humanities is the property of Universiti Putra Malaysia and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use.
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          year: 2024
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