Conflict Resolution in the Nigerian Oil and Gas Construction Industry
DOI:
https://doi.org/10.47672/ejcm.2525Keywords:
Conflict, Resolution, Oil, Gas, Construction, IndustryAbstract
Purpose: The high incidence of conflicts within this sector has significant ramifications, such as project delays, exceeding budgeted costs, and project abandonment (Oyewunmi et al., 2018). Cultural and linguistic disparities, inadequate communication, and competing interests among stakeholders are some of the causes of these conflicts. These conflicts are made worse by the intricate contractual arrangements, weak conflict resolution procedures, and weak regulatory frameworks that characterize the sector. Even though Nigeria's economy greatly benefits from the oil and gas sector, the frequency of conflicts impedes the sector's expansion and stability.
Materials and Methodology: The methodology adopted is by secondary data which entails the examination of pre-existing data from many sources, including academic journals, industry reports, and government papers. The quality of the secondary data used in these studies depended on the reliability and validity of the sources, the methodology used in data collection, and the rigor of the analysis.
Findings: The ecological consequences of oil production are a significant cause for conflict in the Nigerian Oil and Gas Construction sector. It is critical for all parties involved to collaborate to reduce this impact and ensure the industry's long-term viability. Regional interests frequently influence the oil sector, particularly in areas with abundant oil resources. These interests may occasionally result in confrontations with other parties.
Implications to Theory, Practice and Policy: The research recommends that fairness and equity should be the watchword in distribution of the gains and pains of the economy so that no regions of the country will feel cheated. There should be transparent allocation of proceeds. The active participation of young individuals in the Niger Delta region in the formulation of policies that will directly impact their welfare is crucial and should be adopted.
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