Impact Of The Nigerian Presidential Amnesty Program

In this paper, I estimate the impact of the Nigerian Presidential Amnesty Program (Amnesty), a local form of Disarmament, Demobilization, and Reintegration (DDR), on crude oil production in Nigeria. The President of Nigeria announced the program on June 25th, 2009 which aimed to put an end to the insurgency crisis experienced in the Niger Delta region, particularly between 2006 - 2009 which had led to an average loss of about 650,000 barrels of crude oil per day (cited in Asuni, 2009) and which had major implications for the government s revenue. Militants were given the opportunity for a state pardon by submitting their weapons in exchange for empowerment training and monthly stipends of N65,000 per month. I used a difference-in-difference approach and the results indicate an average increase of about 73% in crude oil production in the treated states. The production and export data for this work was retrieved from the Nigerian National Petroleum Corporation (NNPC) database, the regulating body for the Oil and Gas industry, beginning from Q1, 2005, to Q4, 2013. I also collected crude oil prices from the British Petroleum website. Although the Amnesty Program led to a significant increase in oil production, it does not necessarily suggest it is the best policy that could have been adopted due to its challenges. Introduction The Niger Delta region, the Nigeria crude oil base, had witnessed numerous protests at various times by its citizens over resource wealth and control.Show MoreRelatedThe Niger Delta Struggles: Its Implications for Resource Control.17990 Words   |  72 Pagesbetween local ethnic communities and agents of the Nigerian state and oil companies involved in the extraction and exploitation of oil in the area. What began as community agitation has undoubtedly undergone several transformations. The first involved the fl owering of civil society, which mobilized a popular civil struggle. The second saw the extension of the agitation from that against multinational oil companies (MNCs) to include the Nigerian state. The third transformation involved the elevationRead MoreNigeria And Its Impact On Nigeria1753 Words   |  8 Pages Nigeria was founded in 1963, after gaining independence from the United Kingdom, and adopted a federal presidential republic government. On its southern coast it borders the Atlantic Ocean through the Gulf of Guinea. Current President Muhammadu Buhari took power in 2015 but has been involved in Nigerian politics since the 1980s. His insights and experience really add power to his speeches when he comes out to address the issues his country is facing. The problem that Buhari has discussed oftenRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 PagesParadigm for an Urban World †¢ Howard Spodek 53 3 Women in the Twentieth-Century World Bonnie G. Smith 83 4 The Gendering of Human Rights in the International Systems of Law in the Twentieth Century †¢ Jean H. Quataert 116 5 The Impact of the Two World Wars in a Century of Violence †¢ John H. Morrow Jr. 161 6 Locating the United States in Twentieth-Century World History †¢ Carl J. Guarneri 213 7 The Technopolitics of Cold War: Toward a Transregional Perspective †¢ Gabrielle