OWNERSHIP AND CONTROL OF MINERAL RESOURCES UNDER THE SHARIAH AND NIGERIAN STATUTE, A COMPARATIVE ANALYSIS
ABSTRACT
Most countries have conferred the power/ownership of their resources on their government, not allowing individuals to lay claim to them. This has been beneficial for international business purposes, especially in the petroleum sector and has ensured stable revenue which is then distributed amongst the individual states in the country; while some countries like the USA recognize both state and individual ownership. Associated with exploration and exploitation activities of most natural resources is environmental degradation, which puts the environment in a non-usable position.
There is therefore a need to reduce the effect of these activities. With increasing Environmental damage from the international oil companies, which has not been properly addressed by the government in countries like Nigeria, individuals have began to opt for control of their resources rather than leaving them in the control of the government. This paper aims at analyzing the effect of resource ownership by the government of a state, using Nigeria as a case study and whether the Shairah rules as established in the four juristic schools of Islamic taught can avail Nigeria from the problem of resource control agitation by the people.
CHAPTER ONE
1.1 Introduction
… This chapter will address the background information that motivated this study, the challenges that prompted it, its aim, and its objectives as a preface to subsequent sections of the study. Additional factors include the study's significance, scope, limitations, research questions and hypotheses, and the definition of technical terms.
CHAPTER TWO
2.0 Literature Review
2.1 Introduction
The review of relevant literature is the main topic of this chapter. A literature review covers theoretical and methodological contributions to a certain issue in addition to the state of knowledge at the time of writing. It provides information about the state of the art in relation to the subject you are writing about. It examines the body of work on the chosen subject. The literature evaluation in this study comprises the …
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