Thunderbird Case

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Case #: 
A03-15-0011

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Abstract: 

Nigeria’s oil industry was in decline. Nigerian crude was having trouble finding customers, fuel shortages plagued the domestic economy, and power plant outages were rising. NNPC had failed to develop one of the world’s largest reserves of natural gas, Nigeria’s four refineries were operating at a fraction of capacity, and the company was considered inefficient and corrupt. Many voices were now calling on President Muhammadu Buhari, newly elected in May 2015, to reform Nigerian National Petroleum Corporation (NNPC) or sell off the national treasure for an
estimated $75 billion.

Teaching: 
This case can be used in both degree (undergraduate and graduate) and non-degree business courses. The case can be used to examine in depth how corruption can permeate the oil and gas industry of an emerging economy like that of Nigeria’s, as well as how oil may or may not be a curse for economic and social development. The case may be useful in exploring how political leadership alters the environment of societal corruption on a national scale.
Year: 
2015

Industry:

Setting: 
Nigeria
Length: 
22 pages
Source: 
Library

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