Tuesday, May 31, 2022

China-Nigeria Oil-for-Infrastructure Deal

 China, Law and Development published on 24 May 2022 a research brief titled "China-Nigeria Oil-for-Infrastructure Deal: Addressing Opacity and Exclusion in the Award of Oil Drilling Rights" by Ngozi S. Nwoko, University of Victoria.  

Nigeria's need to close the critical infrastructure gap was a primary factor in the adoption of the oil-for-infrastructure investment model with China.  It also reflects a reaction to exploitation by Western oil companies.