Crisis of Natural Resource Governance in Nigeriaas Extractive Industry: Examining the Phenomenon of Artisanal Mining/Quarrying

1
Okoli, Al Chukwuma
Okoli, Al Chukwuma
2
Okoli
Okoli
3
Al Chukwuma
Al Chukwuma
4
Uhembe
Uhembe
5
Clement Ahar
Clement Ahar
1 Federal University

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Crisis of Natural Resource Governance in Nigeriaas Extractive Industry: Examining the Phenomenon of Artisanal Mining/Quarrying Banner
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This paper examines the phenomenon of artisanal mining/quarrying as a critical manifestation of crisis of natural resources governance in Nigeria. By way of exploratory analysis, predicated on the stakeholder theory of corporate governance, the paper posits that failure of governance in Nigeria’s extractive industry has led to unwholesome, unregulated and unsustainable exploitation of natural resources. From the standpoint of the untoward impacts and complications of artisanal mining/quarrying in Nigeria, the paper posits that unregulated exploitation of natural resources poses a threat to economic sustainability, as well as environmental and human security in the country. The paper makes a case for a mutual multistakeholder entrustment system whereby the government synergizes with relevant civil society, community, as well as corporate and non-corporate stakeholders in an effort to bringing about proper governance in the Nigerian mining sector.

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

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No ethics committee approval was required for this article type.

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Not applicable for this article.

Okoli, Al Chukwuma. 2015. \u201cCrisis of Natural Resource Governance in Nigeriaas Extractive Industry: Examining the Phenomenon of Artisanal Mining/Quarrying\u201d. Global Journal of Human-Social Science - F: Political Science GJHSS-F Volume 15 (GJHSS Volume 15 Issue F7): .

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Issue Cover
GJHSS Volume 15 Issue F7
Pg. 51- 60
Journal Specifications

Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

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GJHSS-F Classification: FOR Code: 940299
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v1.2

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December 14, 2015

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English

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This paper examines the phenomenon of artisanal mining/quarrying as a critical manifestation of crisis of natural resources governance in Nigeria. By way of exploratory analysis, predicated on the stakeholder theory of corporate governance, the paper posits that failure of governance in Nigeria’s extractive industry has led to unwholesome, unregulated and unsustainable exploitation of natural resources. From the standpoint of the untoward impacts and complications of artisanal mining/quarrying in Nigeria, the paper posits that unregulated exploitation of natural resources poses a threat to economic sustainability, as well as environmental and human security in the country. The paper makes a case for a mutual multistakeholder entrustment system whereby the government synergizes with relevant civil society, community, as well as corporate and non-corporate stakeholders in an effort to bringing about proper governance in the Nigerian mining sector.

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Crisis of Natural Resource Governance in Nigeriaas Extractive Industry: Examining the Phenomenon of Artisanal Mining/Quarrying

Okoli
Okoli
Al Chukwuma
Al Chukwuma
Uhembe
Uhembe
Clement Ahar
Clement Ahar

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