The dominance of foreign capital and its impact on indigenous technology development in the production of liquefied natural gas in Nigeria. Issue 157 (3rd July 2018)

• Record Type: Journal Article
• Authors: Albert, Okorie
• Is Part Of: Review of African political economy. Volume 45:Issue 157(2018)
• Page Start: 478
• Page End: 490
• Publication Date: 2018-07-03
• Subjects: Africa -- Economic conditions -- Periodicals; Africa -- Social conditions -- Periodicals; 330.96
• DOI: 10.1080/03056244.2017.1372279
• Languages: English
• ISSNs: 0305-6244

Abstract

SUMMARY: The briefing argues that the Nigerian economy is foreign capital driven and that the rentier character of the state has facilitated dominance of foreign capital in the gas sector. Furthermore, that the control of the sector and consequent reliance on foreign technology have distorted and stagnated local initiatives toward development of indigenous technology in the production of liquefied natural gas.