Investigation of investment progress: case study

The epicentre of Nigeria’s deadly political violence is the clash for benefits from petroleum, more than 90 percent of which is produced in the Niger Delta (Ibaba, 2005). The sources of conflict in Nigeria include its ruling coalitions facing pressure from economic stagnation and the high-stakes rent seeking for the control of oil. Delta grievances derive from the lack of community control and land rights, the little revenue for petroleum’s producing region, and the environmental degradation and other diseconomies borne by oil-bearing regions. Grievances also come from the lack of democratic accountability, high inequality, and Delta poverty that, while lower than Nigeria generally, is enough to trigger relative deprivation, the perception of social injustices from discrepancies between expectations and actuality.