Bonny Light oil oil produced in Angola. The Bonny Light is in high demand specifically by American and European refineries. It is therefore a major source of income for the oil-rich nation. The national government of Nigeria runs and takes part in the petroleum industry of Nigeria through the NNPC corporation. Libya's NOC also owns a 36% stake in NNPC which is valued at $112 Billion. Bonny Light oil Bonny Light oil is a high grade of Nigerian crude oil with high API gravity (low specific gravity), produced in the Niger Delta basin and named after the prolific region around the city of
Commodity pathway diversion commoditization, sacralization, and terminal commoditization. While singularization and commodity pathway diversion have stark similarities, and Kopytoff's singularization categories can be seen in Appadurai's description of types of commodity pathway diversions, Appadurai critiques placing singularization and commoditization in direct opposition because, as he argues, diversion (singularization) and commoditization are fluidly occupied positions in the use life of an object. Appadurai defines enclaved commodities as "objects whose commodity potential is carefully hedged." These objects are diverted from the commodity pathway to protect whatever value or symbolic power the object may transfer as a commodity. Appadurai suggests that in societies where "what is