Professor Panford’s book is serious scholarship on natural resource management. It is one of the few books that will easily garner a lot of attention and be referenced on oil and gas studies in Africa because of its immense contributions. The book has lots of practical lessons for how African countries can initiate relevant policy prescriptions to maximize benefits from natural resource endowments, especially petroleum. The book challenges the orthodoxy that African countries with abundant natural resources always suffer from a resource curse. The book argues that resource curse is not destiny and neither is it cast in stone. Instead, deriving maximum benefits from natural resources “will depend on how society envisions and executes plans to utilize them for shared prosperity for the majority and not … a minority (p.161).”

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Keywords

Natural Resource Management , Sustainable Development