Structural change, the oil boom and the cocoa economy of southwestern Nigeria, 1973-1980s

    Authors

    E. A. Walker

    Comments

    Authors: contact us about adding a copy of your work at STARS@ucf.edu

    Abbreviated Journal Title

    J. Mod. Afr. Stud.

    Keywords

    Area Studies

    Abstract

    The oil boom that lasted from the early 1970s until about 1983 spawned a phenomenal expansion of the Nigerian economy. Within a few years, oil revenues rose from 1.4 billion naira in 1973 to 12.86 billion naira by 1980 The oil boom led to the assigning of substantial sums of money to the cocoa industry of southwestern Nigeria. In spite of these investments, the cocoa industry stagnated during the oil boom years. Using oral interviews and archival documents, this paper examines structural change in the cocoa industry before the oil boom, and analyses the failure of government rehabilitation programmes during the oil boom years.

    Journal Title

    Journal of Modern African Studies

    Volume

    38

    Issue/Number

    1

    Publication Date

    1-1-2000

    Document Type

    Article

    Language

    English

    First Page

    71

    Last Page

    87

    WOS Identifier

    WOS:000086570400004

    ISSN

    0022-278X

    Share

    COinS