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THE POLITICS OF TRANSFORMATION: NIGERIA, OPEC AND THE MULTINATIONAL CORPORATIONS
Abstract
The Politics of Transformation seeks to explore and critically analyze the new politics and policies formulated, articulated and adopted by Nigeria's ruling and political elites and partly out of demand made by academic intellectuals including a handful of influential top level bureaucrats who run the machinery of government. Furthermore, the Politics of transformation examine through critical analysis the Organization of Petroleum Exporting Countries' (OPEC) "quiet revolution" in the world of global oil, its impact on the global economy and most importantly on the dynamics of international relations. By focusing on the Doctrines of Sovereignty and of "Changing Circumstances," we explore and examine specifically the changing relationship between international oil companies and producer-governments within the frameworks of systems analysis, bargaining strategies and negotiation tactics. The Politics of transformation therefore seeks to examine for the purposes of restructing prevailing ideologies by looking into the past while going beyond mere survival of that past, through the creation of new forms and modes and the conscious presentation of new demands based on a new era of national consciousness and political management in a changing world. In the Nigerian context, the politics of transformation gave birth to indigenization of "Nigerianization" of the economy, membership into the OPEC and the transnationalization of the society. Studied within the framework of systems analysis, objectives and goals seem rather haphazardly and limitedly successful and dependent on the alliance between domestic and state actors on the one hand, and foreign interests on the other. The final outcome of this interaction remains to be seen since structural arrangements engendered by his process is not yet ossified. In the final analysis, however, indigenous control of the economy seem the goal of Nigerian planners. With regards to OPEC, the quiet revolution sought not only to defend the posted price of oil then, it represents the vision and goals of a group of nations bound together for the accomplishment of a stated goal. Consequently, the dynamics of global oil is not only based on economic terms, but fundamentally politically in nature. The multinational oil companies are on the defensive and no amount of game theoretic calculations can come to their rescue save a deliberate inter-government intrusion in the global oil industry. This study proceeds from that assumption.
Subject Area
International law|International relations
Recommended Citation
IGWEONWU, ISAAC CHINEDUM, "THE POLITICS OF TRANSFORMATION: NIGERIA, OPEC AND THE MULTINATIONAL CORPORATIONS" (1984). Doctoral Dissertations Available from Proquest. AAI8418892.
https://scholarworks.umass.edu/dissertations/AAI8418892