The performance of countries that predicated their economic growth and development on oil and gas is dismal. Literature is replete on what accounts for this. Recent developments in the international energy market, scientific innovations as well as remote and immediate issues bearing on delicate fiscal federalism in Nigeria have impeded and limited the normal flow of revenue from the Federation Accounts Allocation Committee. Consequently, states that tie their developmental agenda to the accruals from the sale of crude oil and gas and other derivatives from the Federal Government are between the devil and the deep blue sea. Admittedly, some of the states are beginning to engage in financial re-engineering by mining the extant natural and human resources embedded in their states. The governor Uduaghan–led administration in Delta State has taken the bull by the horns in his determined quest for sustainable developmental paradigm entrenched in Delta Beyond Oil.
This book, Delta Beyond Oil: A Quest for Sustainable Development, Volume 2, is written in response to the governor’s vision of propagating the idea that Delta State is not all about oil. It is the concise reasoning that the revenue from oil and gas could be utilized to create an alternative economy as shown in other countries that adequately utilized their oil proceeds to transform and diversify their economies.
S.O. Aghalino is a Professor of History at the University of Ilorin, Ilorin, Nigeria. Between 2005/2006, he was a visiting Senior Lecturer to the Department of History, Delta State University, Abraka. Until recently, he was the Head, Department of History and International Studies, University of Ilorin, Ilorin, Nigeria. His research interest is essentially on social and economic history. His works have appeared in peer reviewed local and international journals as well as in textbooks. Professor S.O. Aghalino is a member of the Governing Council of the Delta State School of Marine Technology, Burutu.