State And Oil In Nigeria

ABSTRACT

The study critically examines the linkage between the Nigerian State and oil as a commodity produced and marketed within capitalist relations. It analyzes its impact on the crisis of development in Nigeria, characterized by pervasive economic crisis, political instability and social tension. And deals with how this critical linkage can be subjected to a transformation which will bring about national control, and the use of oil for the benefit of most Nigeria.

We commence from a theoretical perspective, that of radical political economy, as it treats issues holistically and goes beyond mere description  to focus on competing and conflicting classes and how their struggle affect social change.