Social conflict in the South-South Nigeria: Implications for foreign investment

Abstract

This paper investigated social conflict in the South-South region of Nigeria, and the challenges it posed
to foreign investment in Nigeria. Non-parametric statistical and content analyses were essentially used
as measuring tools. The results showed that dissatisfaction of the people of South-South especially the
youths on the level of attention given to the development of their region and the damages to their
ecology by oil spillage are the major causes of the alarming rate of youth restiveness. Surprisingly, the
Niger Delta region constitutes about 80% to the revenue of Nigeria. It is against this backdrop that the
paper suggests an immediate review of the current revenue sharing formula. The new formula should
be made to address poverty, and neglect of the South-South region. Oil companies operating in the
region should pay a greater percentage of their royalty directly to the host communities in the region.