Jump to ContentJump to Main Navigation
The Pan-African NationOil and the Spectacle of Culture in Nigeria$
Users without a subscription are not able to see the full content.

Andrew Apter

Print publication date: 2005

Print ISBN-13: 9780226023540

Published to Chicago Scholarship Online: March 2013

DOI: 10.7208/chicago/9780226023564.001.0001

Show Summary Details
Page of

PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use (for details see www.chicago.universitypressscholarship.com/page/privacy-policy).date: 19 January 2019



(p.278) Conclusion
The Pan-African Nation
University of Chicago Press

Unlike the commodity boom of Victorian England, which was generated by the Industrial Revolution, Nigeria's bonanza was fueled by oil, reversing the historic relationship between spheres of production and circulation. The visual ontology of “seeing is believing” and the signs of development that refashioned the nation represented a virtual productive sphere that was actually a hoax, producing at losses that could never be recouped. And here, in such reversals, lies the origin of the occult economies that have emerged so clearly under neoliberal reform, but were already reflected in FESTAC's mirror of cultural production, when signs became the basis of generating value rather than the media of its accumulation through exchange.

Keywords:   oil boom, Nigerian economy, occult economies, neoliberal reforms, cultural production, exchange

Chicago Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.