期刊名称:Arabian Journal of Business and Management Review
电子版ISSN:2223-5833
出版年度:2013
卷号:2
期号:11
出版社:Sohar University, Oman and American University of Kuwait
摘要:This article explorestheprocesses involved during the exploration for crude oil by Shell-BP and its discovery in Oloibiri Ijawland between 1946 and 1960. Itarguesthatthegranting of licences to prospective oil companiesby the Federal Governmentwasto enhance smooth production of oilto generate revenue for the nation. At the early stage of oil discovery, agricultural exports still continued to thrivein the international market untilcrude oil became an important foreign exchange earner for the government in the late 1960s. The paper discusseshow Shell-BP despite the civil war,had by the end of 1969 recorded a production rate of one million barrels per day.The authorsarguethat the Federal Government hadfailed to usethe profits accrued from oil toward thesocio-economic transformation of the Niger Delta areas and Nigeria at large.The level of poverty and human degradation within the oil-producing communitiesand among Nigerians, particularly the expectations of the local people for accelerated economic and social development as a result of the crude oil discovery in Ijawland, explains the underlying factor for the lingering crises in the Niger Deltaregion