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International Journal of Economics and Management Sciences
This paper investigates the existence of resource curse in Nigeria and examines various challenges that caused it. Some of the issues are economical while others are political such as: high level of corruption, poor level of science and technology policy implementation and infrastructural development, volatilities of price in the oil market, Dutch disease through overreliance on oil revenue, insufficient investment in education, weakly institutionalised states and lack of transparency amongfatcat:m7sgacoag5f2jptjvrqstd5y54