The Niger Delta And The Oil Companies - 1576 Words

The Niger Delta is a region of Nigeria that is very rich in crude oil and gas. Crude oil and gas make up 70% of the country s revenue and 95% of it s export earnings (Ezekoli, 5608). Those percentages are incredibly high and represents large amounts of money that can be found in the region. However, the people of the Niger Delta never see the wealth that comes from their natural resources. The wealth instead goes to the oil companies set up in the area as well as the pockets of a few elite government officials. The disconnect between the people of Nigeria and the oil companies and governments is incredible (Ezekoli, 5609). The effects are slum turned neighborhoods, increased poverty, and job loss. In order to improve the conflict in the Niger Delta, the government and oil companies need to allow more involvement of women and people as voters and elected officials, and create or adhere a sustainable environmental regulations plan. The poor relationship between the oil companies and t he communities in the Niger Delta is not sudden, it s historical context dates back to as early as the 1930 s and 1950 s. It was 1937 when two British oil companies merged into what today is known as Shell. Shell replaced the initial German oil company in the area from 1908 (Umejesi, 117). Shell set up impressive human and material forces and conducted their first drilled oil well in 1951 in the city of Iho. Worry quickly struck everyone in Nigeria. Shell worried they would not findShow MoreRelatedCorruption In Nigeria Essay examples1156 Words   |  5 PagesHowever, corruption is prevalent in the Niger delta region of Nigeria; public officers in this oil producing state of Nigeria are corrupt. Consequently, it has defied the Niger delta from developing politically and economically which has left the states reputation in a mess. Radicalization of youths, abject poverty and -political instability are the three leading effects of corruption in the Niger delta region of Nigeria. Corruption in the Niger delta region of Nigeria has led to abject povertyRead MoreImpact Of The Nigerian Presidential Amnesty Program1723 Words   |  7 PagesPresidential Amnesty Program (Amnesty), a local form of Disarmament, Demobilization, and Reintegration (DDR), on crude oil production in Nigeria. The President of Nigeria announced the program on June 25th, 2009 which aimed to put an end to the insurgency crisis experienced in the Niger Delta region, particularly between 2006 - 2009 which had led to an average loss of about 650,000 barrels of crude oil per day (cited in Asuni, 2009) and which had major implications for the government s revenue. Militants wereRead MoreThe Conflict Of The Niger Delta1743 Words   |  7 PagesCONFLICT IN THE NIGER DELTA Nigeria is the 7th world largest oil producer and is a major player in the world energy market. Oil and gas is Nigeria’s main source of revenue. It accounts for about 40% of the Gross Domestic Product and 70% of government revenues (Lawal 2004). Crude oil was first discovered in 1956 by Shell British Petroleum in a small village called Oloibiri present day Bayelsa State. Two years later oil in larger quantities was discovered in Ogoni. The Niger delta region has a populationRead MoreShell Petroleum Discovery Of Nigeria Essay1479 Words   |  6 PagesIntroduction In 1956, Shell Petroleum discovered oil in commercial quantity in Nigeria. Within a decade, oil exploration speedily replaced agriculture as the mainstay of the country’s economy. In 2006, roughly 97 percent of exchange revenue and about 80 percent of all government expenditures came from petroleum proceeds . 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We may not realize how our way of living impacts the lives of people from other parts of the world, but it does – sometimes in a major way. I’ll be honest, I didn’t put too much thought about the amount of gasoline I consumed. I just drove my car everywhere - whether it was to eat, shop, or just travel - withoutRead MoreOil Production Of Nigeria s Niger Essay1300 Words   |  6 PagesFinal TNC paper Oil production in Nigeria’s Niger Delta began in 1956. Ever since then, the Delta communities have recognized unrest as oil was being distributed in profitable quantities. Oil has been Nigeria’s leading export product for more than six decades. Even though, oil has given Nigeria a tremendous economic boost, nearly sixty percent of that oil production has been carried out under Shell’s regulation, and during these past six decades, there has been enormous environmental degradation