Sustainable Extractive Sector Management

About the Book

The planet earth is fortified with abundant natural resources such as land and its contents, air with its constituent elements, and water with both living and nonliving things. These natural resources create a system of ecosystem regeneration for sustainability. Through history, humanity has depended on these natural resources for sustenance. Extractive companies involved in harnessing these natural resources for the benefit of humanity have advanced technological adeptness that has steered toward massive exploration, exploitation, processing, usage, and disposal of these resources. The associated activities of natural resources development have improved and also negatively impacted quality of life from the prehistoric age to modern industrial society. No doubt, the extractive sector has positively contributed to technological advancement and improved education, incomes, and access to health care, which hold ever-greater promise for longer, healthier, more secure lives both in developed and some developing countries. However, there is also a widespread sense of instability in the world today from the activities of the extractive companies in livelihoods, in personal security, in the environment, and in global politics in almost all the developing countries where the extractive industries operate. Sustainable Extractive Sector Management: Issues and Prospects delves into both the positive and negative impacts of the extractive sector on the governments, the extractive companies and the hosts, and impacted communities by taking a comprehensive look at the conflicts that encumber sustainable extractive sector management. It enunciates the critical issues that need to be addressed or reversed with implementation strategies. This will avert continuous disruptions of extractive industries operations and improve quality of lives of all stakeholders to ensure sustainable socioeconomic development through mutual collaboration of key stakeholder groups.

About the Author

Mr. Zik Igbadi Boniwe was born to the family of late Mr. Thaddeus Nwagboniwe Igbadi and Princess Regina Nwanefuluno Igbadi (Nee Ezechie) of Ogbeuchi Quarters, Ewulu Kingdom in Aniocha South Local Government Area of Delta State, in the oil-producing Niger Delta region of Nigeria. He was raised by his grandfather, the late His Royal Highness Obi John Ezechie 1 (MON), the Obi (King) of Ewulu Kingdom in Aniocha South Local Government Area of Delta State, in the Niger Delta region of Nigeria. This is where he learnt how to resolve community-related issues, an experience that shaped his future engagement in resolving seemingly intractable issues. He holds a Bachelor of Arts degree in Liberal Arts from the University of the State of New York; a Master of Arts Degree in Organizational Management from the University of Phoenix, Arizona; and a Master of Law in International Business Transactions in Natural Resources Law and Policy from the Centre for Energy, Petroleum and Mineral Laws and Policy, Faculty of Law and Accountancy, the University of Dundee, Scotland. Mr. Boniwe is an Industrial/Management Consultant. He served as the Executive Managing Director of MAZIK Resources International Limited. He also served as the Programs Director of African Network for Environment and Economic Justice (ANEEJ), where he collaborated with some oil-producing host communities in the Niger Delta to ensure enactment of laws on the management of 13 per cent oil revenue derivation flowing from the Federation Account to oil-producing states for the development of host and impacted communities. Mr. Boniwe’s other Extractive-Industry-related publications are: 1. Towards Sustainable Development in the Solid Minerals, Oil, Gas and Energy Sectors (2004). 2. Earth’s Natural Resources: A New Paradigm for Sustainable Development (2007).