What is it about?
This article examines how Nigeria’s Oil and Gas Industry Content Development Act (NOGICD Act) interacts with the “resource curse,” the paradox where countries rich in oil still face poverty, volatility, and weak institutions. Using evidence from seven other oil producers, the study identifies what has worked elsewhere and how Nigeria’s local content policy can be improved to expand local participation, boost skills, and increase sustainable, inclusive economic benefits.
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Why is it important?
Oil-rich countries often struggle with inequality, weak institutions, and limited industrial growth. By comparing Nigeria’s experience with more effective local content models abroad, this study highlights reforms that can improve institutional coordination, technology transfer, and sustainable economic outcomes. The findings provide evidence-based guidance for policymakers seeking more inclusive growth.
Perspectives
I see local content policy as a strategic tool for transforming resource wealth into broader development benefits. With stronger implementation, institutional alignment, and innovation support, Nigeria’s petroleum sector can serve as a catalyst for diversified and sustainable economic progress.
Kaseem Abidemi Obakhume
University of Ibadan
Read the Original
This page is a summary of: Local content development and the resource curse in Nigeria: Comparative lessons and policy reform pathways, Social Sciences & Humanities Open, June 2026, Elsevier,
DOI: 10.1016/j.ssaho.2025.102291.
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