The Political Economy of Oil and Mineral Exploitation in Cameroon: Can This Lead to Conflict?

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The Political Economy of Oil and Mineral Exploitation in Cameroon: Can This Lead to Conflict?

April 15, 2021 Economics and Management 0

This essay draws on theoretical and empirical evidence of the government of Cameroon’s secrecy in the management of oil rents and the resulting underdevelopment in the country’s main oil and mineral extraction regions. The aim is to see if these failures have an effect on potential rent-related disputes. Human security, as measured by financial openness in accordance with socioeconomic development and a country’s political system, is more likely to affect security in the use of natural resources than military surveillance, according to the report. Cameroon’s main oil revenues come from the Rio Del Rey area off the coast of the Gulf of Guinea’s Bakassi Peninsula. This area is found in the Ndian Division of the country’s south west. There is widespread poverty in this area, as in most resource-rich areas of the world, and the region is inaccessible due to a lack of modern transportation (e.g. roads, airport, railways, seaport, etc). Given the cultural ties that exist between Ndians and a number of tribes in eastern Nigeria, as well as the Niger Delta’s own oil-related conflicts, There would undoubtedly be oil-related disputes if effective steps are not taken to ensure sustainable and equitable growth in Ndian Division. The essay suggests that the Cameroonian government, Ndian elites, civil society activists, and the international community collaborate to ensure that oil and mineral rentals are used to provide basic services to the indigenes and settlers of resource-rich communities.

Author (s) Details

Rexon T. Nting
The Business School, University of Wales Trinity Saint David, Winchester House, 11 Cranmer Rd, London SW9 6EJ, UK.

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