Understanding a Resource Curse Hypothesis: The Nigerian Archetype

ABSTRACT: In continuation to understanding how Nigeria is emblematic of a resource curse model nation, this study presented an intricate look at national, regional and global data-sets which provided credence to the hypothesis that the country is indeed a resource cursed archetype. While report of compelling evidence showed that oil as a resource has been the bane on the growth of the Nigerian economy, with implicit structural disturbances occasioned by poor leadership, the study presented the sordid state of the country in this regard, but also offered policy initiatives that could help the country manage its malaise.