EXTRACTIVES
Corruption in the extractives sectors, such as oil and gas, severely hinders economic development in resource-rich countries. It exacerbates inequality, stifles investment, and fosters environmental degradation, ultimately undermining societal well-being.
In Nigeria, we have investigated endemic corruption within the oil and gas sector, which has hindered development despite significant revenues. The research has examined the effectiveness of anti-corruption policies, institutions, and programmes within the sector and its economic implications, and explored our hypothesis that systemic reform in the sector would be difficult to achieve in the medium term .
The Indonesian project examined whether the absence of legislation to combat corruption in the private sector of upstream oil and gas makes corruption more difficult to control. The researchers aimed to assess whether employing investigative audit methods and anti-bribery management systems could reduce costs and enhance competitiveness, boosting productivity in the sector.
FEATURED PUBLICATIONS
When rainy day funds run dry: corruption and mismanagement of Nigeria’s Excess Crude Account
Authors: Pallavi Roy, Mitchell Watkins, Adeola Adenikinju, Nkechi Oranye, Festus Osagu, Yetunde Omotosho, Olusanya Olubusoye, Emmanuel Falobi
Publication date: April 2022
Developing countries dependent on natural resource revenues to finance their budgets are characteristically prone to the boom-and-bust economic cycles driven by volatility in commodity markets.
Mitigation and transformation solutions to networked corruption in artisanal refining in the Niger Delta: retooling anti-corruption analysis for effective policy
Authors: Pallavi Roy, Alexander Sewell, Fyneface Dumnamene
Publication date: April 2022
In contexts where rents from a particular sector or activity are shared widely and are substantially larger than available alternatives for the widest cross-section of society, common strategies such as increasing transparency and accountability measures, targeting behaviour, or identifying incentives are unlikely to result in reduced corruption.
Mapping corruption risk in Indonesia’s upstream oil and gas industry
Authors: Budi Ibrahim, Tony Robey
Publication date: April 2020
This research focuses on the private sector in Indonesia’s upstream oil and gas industry which is seen as having the greatest risk to corruption and subsequent loss to the state. ...
FEATURED PROJECTS
Extractives in Nigeria
Despite earning over USD 1.23 trillion from oil, Nigeria has faced persistent challenges of poverty, unemployment, and inequality, linked to corruption, leakages, oil theft, and weak governance. This study examined the effectiveness of system-wide anti-corruption policies, institutions, and programmes within Nigeria’s oil and gas sector and its economic implications.
Corruption risk in Indonesia’s upstream oil and gas industry
The oil and gas industry is vital for Indonesia’s revenue through taxes and production sharing contracts (PSCs), which can be prone to corruption. The project aimed to understand the risk factors for corruption and explore solutions, such as investigative audit methods and anti-bribery management.
