The findings of this study can be used as a focal point for policy intervention for future sustainable development of oil sands in Nigeria.
Authors
O. A. Falebita, Department of Business Administration, College of Management and Social Sciences, Bowen University, Iwo, Nigeria.
Saroj Koul, Professor, Jindal Global Business School, O.P. Jindal Global University, Sonipat, Haryana, India.
J.-F. K. Akinbami, Centre for Energy Research and Development, Obafemi Awolowo University, Ile-Ife, Nigeria.
J. B. Akarakiri, African Institute for Science Policy and Innovation, Obafemi Awolowo University, Ile-Ife, Nigeria.
Summary
The oil sands deposits in Nigeria have attracted the attention of the Federal Government as a means of diversifying the economy. These resources are not yet commercially exploited for development because of several uncertainties. This study attempts to explore one of these uncertainties, namely societal uncertainty of the immediate host communities.
Societal uncertainty is a combination of tribal sentiment, public perception, and displacement of residents, security issues and host community perspective. The interrelationship between these uncertain factors and their influence on the resource development is highly sensitive and volatile, hence the use of system dynamics (SD) methodology for monitoring. The findings of this study can be used as a focal point for policy intervention for future sustainable development of oil sands in Nigeria.
Published in: International Journal of Sustainable Development & World Ecology
To read the full article, please click here.
