NATURAL RESOURCE, GOVERNANCE AND WELFARE

Kareem Dada Salami, Sunkanmi A. Odubunmi, Lawal Arogundada Samad, Kehinde Olusegun Atoyebi

Abstract


This study empirically examines the interconnectivity between oil resource management, governance and welfare of the people. The ordinary least square was used. The result suggested that resource abundance affects livelihood through institutions and that the resource curse affects growth faster than livelihood. research study revealed that substantial resource endowment contributes to the slow pace of economic development. It was also discovered that with effective resource management and implementation natural resource riches will enhanced livelihood of the people.  

Keywords


Natural resources, governance, welfare, Growth

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