IIARD International Institute of Academic Research and Development

Journal of Accounting and Financial Management (JAFM )

E-ISSN 2504-8856
P-ISSN 2695-2211
VOL. 10 NO. 4 2024
DOI: https://doi.org/10.56201/jafm.v10.no4.2024.pg262.277

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Economic Effect of Expenditure Cost of Niger Delta in Nigeria

Akaegbobi, Tochukwu Nkem, Gilbert Ogechukwu Nworie, Uzodimma, Amara Celestina

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Abstract

The study investigated the economic effect of expenditure cost of Niger-Delta militancy in Nigeria from 2017 to 2021. The specific objective was to determine the cost of Niger delta militancy amnesty program, the cost of pipeline vandalism and the cost of oil spillage and explosion on Nigeria’s GDP from 2017-2021. This research adopted comparative study method which involved obtaining data from past and present studies. The data required was obtained from the following sources: CBN statistical bulletin for the various years, Federal office of statistical annual account (FOS) and Nigeria National Petroleum Corporation (NNPC). The data required was obtained from the following sources: CBN statistical bulletin for the various years, Federal office of statistical annual account (FOS) and Nigeria National Petroleum Corporation (NNPC). The secondary method of data collection was adopted in this study which involves a longitudinal survey method for a period of four (4) years i.e. 2017-2021. The data for the study were generated from the Central Bank of Nigeria’s (CBN) Statistical Bulletin of various years. In analyzing the data generated for this study, the simple regression analysis was employed which was computed with the aid of the Statistical Package for Social Sciences (SPSS).

Economic Growth, Expenditure Cost of Niger-Delta Militancy, Cost of Niger Delta Militancy Amnesty Program, Cost of Pipeline Vandalism, Cost of Oil Spillage and Explosion

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References:

Afinotan, L. and Agagu,A. A, (2008). “The Niger Delta Crisis the Nigerian State-Citizenship
Dilemma.” In Agagu,A.A.(eds); The Nigerian State and The Dilemma of
Citizenship,(Issues and Challenges), Lagos,Policy Development and Consultant Limited.

Adekeye, G. (2007). Our fight against Illegal bunkering and Unscrupulous Navy Officers.
Interview granted to Sunday Vanguard Nov. 19, p. 39.

Amaraegbu,D.A., (2011). “Violence, Terrorism and Security Threat in Nigeria?s Niger Delta: An
old Problem Taking a New Dimension.” African journal of Political Science and
International Relations Vol5 (4), pp208-217.

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