Oil and Development Deficit in Africa: The Failure of Intervention Agencies in Nigeria’s Niger Delta
Mr. Fidelis A.E. PAKI, Mr. Kimiebi Imomotimi EBIENFA

Abstract
Oil no doubt has been an impetus for development in regions where oil revenues are judiciously appropriated to actualize general improvement in the standard of living of the people. This scenario is not widespread in Africa despite its abundance oil deposits. The paper argued that, oil has paradoxically become a curse rather than blessing to regions it is produced in Africa, especially Nigeria’s Niger Delta region due to corruption and lack of political will, among others on the part of national government to efficiently and effectively promote development in the region. This becomes apparent when we consider the failure of development intervention agencies in Nigeria over the years to achieve the aim for which they have been established in the Niger Delta.

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