Foreign Policy Blogs

China, Oil, and Nigeria

Combine Nigeria's vast oil reserves and the instability those riches have brought with China's avarice and rapaciousness when it comes to its thirst for oil and it seems to me that a recipe for disaster is simmering. China is prepared to loan Nigeria billions that in turn will grant the Chinese access to Nigeria's reserves and markets. The problem with this arrangement is that Nigeria's oil, which in theory should have enriched the country and helped its economy to prosper has proven to be a resource that has enriched a few at the expense of the many. China's obstinate insistence on national sovereignty (well, for others anyway) means that Nigeria will have even less motivation to reform to ensure that oil is not a curse on the country. A partnership between China and Nigeria has disaster scrawled all over it.

 

Author

Derek Catsam

Derek Catsam is a Professor of history and Kathlyn Cosper Dunagan Professor in the Humanities at the University of Texas of the Permian Basin. He is also Senior Research Associate at Rhodes University. Derek writes about race and politics in the United States and Africa, sports, and terrorism. He is currently working on books on bus boycotts in the United States and South Africa in the 1940s and 1950s and on the 1981 South African Springbok rugby team's tour to the US. He is the author of three books, dozens of scholarly articles and reviews, and has published widely on current affairs in African, American, and European publications. He has lived, worked, and travelled extensively throughout southern Africa. He writes about politics, sports, travel, pop culture, and just about anything else that comes to mind.

Areas of Focus:
Africa; Zimbabwe; South Africa; Apartheid

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