The ethics of Nigeria's proposed withdrawal from the organisation of petroleum exporting countries

In the wake of the prevailing world oil glut which has affected the revenue earning powers of OPEC (Organisation of Petroleum Exporting Countries) members, there are serious proposals and arguments in favour of Nigeria's withdrawal from OPEC., The mission of this paper is to question the ethica...

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Bibliographic Details
Published in:Journal of business ethics
Main Author: Fubara, Bedford A. (Author)
Format: Electronic Article
Language:English
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Published: Springer Science + Business Media B. V 1986
In: Journal of business ethics
Further subjects:B Export Country
B Petrochemical Industry
B Nigeria
B Economic Growth
B Petroleum
Online Access: Volltext (JSTOR)
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Description
Summary:In the wake of the prevailing world oil glut which has affected the revenue earning powers of OPEC (Organisation of Petroleum Exporting Countries) members, there are serious proposals and arguments in favour of Nigeria's withdrawal from OPEC., The mission of this paper is to question the ethical basis of this proposed strategy after she has benefited from OPEC membership for over a decade. This paper postulates that it would be ethically wrong to do so and suggests a strategy that would boost the petrochemical industry for agriculture, building, pharmaceuticals, automative industry, etc.
ISSN:1573-0697
Contains:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/BF00383100