Economic Value Determination as a Strategy for Building Resilient Communities in the Niger Delta Region

Abstract

In a novel approach to disaster resilience that embodies a multidisciplinary problem solving process in determining the value of damaged property, a framework has been developed for determining the economic value of damages to property due to contamination from human-caused oil spill disaster in the Niger Delta. The framework will result in a reduction of the recovery process of affected communities following an oil spill as they know in advance what will be done and result in standardisation of the valuation process. it will enable the polluter to know the cost of their malfeasance and provide the property owners with the economic value of their polluted property to enable them to continue their livelihood. Professional valuers and property owners are very dissatisfied with the current practice without a standard framework and oil company operators hardly realise the economic cost of disasters imposed on the communities. Reviewing the theory and practice of economic value and ecosystem valuation, a mixed-methodology was employed using questionnaires and expert interviews to ascertain how contaminated wetland property is valued, the professionals involved and their respective roles. The proposed framework will provide a systematic process leading to the determination of the economic value of damages due to contamination of wetlands property.

Citizen Diplomacy And Nigeria’s External Image Management, 2010-2015

“…Thus, Nigeria's relationship with the international community was faltered. The failure of countries like the US, France, UK and some African countries to genuinely assist Nigeria in fighting the scourge of Boko Haram terrorism, and some other international ridicule on the government officials and Nigerians who traveled abroad during Jonathan tenure are also testaments (Akujuru & Ruddock, 2016;Ayoade, 2013).…”

Political leadership and Nigeria’s image crisis

“…Some of the initiatives on security architecture were the establishment of the Niger Delta Development Commission in 2000 to facilitate the rapid, even and sustainable development in addressing the exploitation of the region; Presidential Amnesty Programme in 2009 to pardon militants from prosecution (Akujuru & Ruddock, 2016). Government also made efforts to fight Boko Haram insurgency; wage war against terrorism, kidnapping and hostage taking; and above all political instability by fortifying all the security architecture of the land.…”