The Impact Of Oil Exploration On Nigeria - 1027 Words

Introduction Nigeria is the largest oil producer in Africa, and currently its most populous country. After the oil discovery in the Niger Delta area of Oloibiri in 1956, the country has had oil has its main income producer. Before this, agriculture had the center stage; it accounted for 50% of revenue. Most of the oil exploration is done in the Niger Delta;a region that’s made up of nine states which includes; River, Cross River, AkwaIbom, Delta, Edo, Bayelsa, Imo, Abia, and Ondo. This region has an estimated population of 28 million, amounting to16.7% of Nigeria population (Emmanuel, 2004). It has however suffered the environmental impact of oil exploration with its attendant environmental degradation for years. Unfortunately, the influx of oil companies and the heightening of their operations in Niger Delta are not matched with an agenda for the development of Nigeria in general and Niger Delta in particular. The oil companies claim to have executed several projects in the host communiti es as part of their Corporate Social Responsibility. The claims include: construction of hospitals, roads and schools, provision of portable water, electricity, sponsorship, scholarships, and; supporting health campaign programmes among others. However, the host communities in Niger Delta seem not to have acknowledged these acclaimed community development projects by oil companies as they continue in their hostile disposition to the companies. According to Omole (2000), the relationship ofShow MoreRelatedThe Giant Bomu Oil Field Essay1531 Words   |  7 PagesThe giant Bomu oil field in Ogoni located in Gokana Local Government Area, which has estimated ultimate recovery of 0.311 billion of barrels of oil and a total of 0.608 billion of barrels of oil equivalent including gas, was discovered in 1958 (Aniefiok et al 2013, Amanyie 2006, and Vassilion 2009). 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