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Sharing the Costs and Benefits of Energy and Resource ActivityLegal Change and Impact on Communities$
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Lila Barrera-Hernández, Barry Barton, Lee Godden, Alastair Lucas, and Anita Rønne

Print publication date: 2016

Print ISBN-13: 9780198767954

Published to Oxford Scholarship Online: June 2016

DOI: 10.1093/acprof:oso/9780198767954.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 25 October 2020

Resource Control and Benefit Sharing in Nigeria

Resource Control and Benefit Sharing in Nigeria

(p.259) 15 Resource Control and Benefit Sharing in Nigeria
Sharing the Costs and Benefits of Energy and Resource Activity

Yinka Omorogbe

Oxford University Press

This chapter is about sharing the benefits that accrue from the activities of petroleum and other extractive industries, against the backdrop of Nigeria’s experience with the management of wealth derived from petroleum. It analyses the different meanings of ‘resource control’, and the various methods of benefit distribution referred to as ‘benefit sharing’, by drawing upon examples from other countries. Within the context of this discourse, it deals with existing and proposed modes of benefit distribution, such as fiscal federalism, the constitutional derivation formula, and the proposed percentage set aside for communities under various drafts of the Petroleum Industry Bill. It also highlights unresolved issues surrounding the treatment of minorities in Nigeria.

Keywords:   benefit sharing, resource control, Nigeria, petroleum, Petroleum Industry Bill, benefit distribution

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