Article,
The Onne Oil and Gas Free Zone: Reflection on its Implications for Economic Development in Nigeria
CENTRAL ASIAN JOURNAL OF SOCIAL SCIENCES AND HISTORY, 4 (6): 16-31 (May 2023)
Abstract
This study set out to examine the Political Economy of Onne Oil and Gas Free Zone: Implication on Nigeria Development. It adopted the Marxian Political Economy as theoretical framework. The data for the study were generated from primary and secondary sources. For the primary data, questionnaire and personal interview methods were adopted. The simple percentage was adopted in analyzing the data which the Chi-square statistical tool was employed in the interpretation of data. The findings amongst others reveal that oil and gas free zone can promote Nigeria’s development, 107 out of 141 or 75.9% of the respondents holds this view. The study therefore amongst others recommended that indigenous technology should be developed to enable Nigeria effectively control the free zone. Curriculum reforms, improvement in educational infrastructure, and the re-training of teachers can promote this goal. Conscious efforts should be made to develop a class of disciplined entrepreneurs. This will further strengthen indigenous control of the free zone.
