This essay analyzes the concept of energy security in the Nigerian context. One dimension of Nige-ria’s energy security relates to the country’s crude energy exports. What are the trends in levels and destinations of these exports and what are the future prospects?
Although certainly relevant to Ni-geria’s energy security, such a focus on crude energy exports neglects other important dimen-sions of the issue. In the Nigerian context, a growth strategy purely based on the maximization of natu-ral resource rents through crude energy exports is unlikely to pro-duce sustainable growth. In the long term, this could also under-mine Nigeria’s energy security by fuelling social tensions. To achieve genuine long-term energy security, Nigeria would have to utilize its energy wealth to embark on a path of broad-based industrial growth.