scholarly journals Corporate Governance and Sustainable Development in Nigeria: A Study of Oil Companies in the Niger Delta Region

Author(s):  
Leyira Christian Micah ◽  
Asian Asian Umobong
2020 ◽  
Author(s):  
◽  
Obumneme Achunike

Oil was discovered in Nigeria in1956 at Oloibiri in the Niger Delta Region after almost 50 years of exploration. Shell-BP at that time, was the sole concessionaire because non-British companies were not given exploration license to operate in Nigeria. After Nigerian Independence in 1960, exploration rights were extended to other multinational oil companies. More than 16 multinational oil companies were in operation with little or no supervision from the Nigerian Government, which created significant environmental, political,and social impact in the region. A critical discourse analysis of documents from Shell, Amnesty International, THISDAY Newspaper revealed that the Nigerian government has failed to safeguard the environment and the lives of the people. On the basis of evidence presented on this research, in addition to literature, it can be argued that oil has turned out to be a curse to the Niger Delta Region and Nigeria in general.


Author(s):  
Eziho Promise Ogele

The study examined the effects of climate change on the local economy occasioned by resource-based conflict in the Niger Delta region, Nigeria. The alteration in weather conditions in the Niger Delta region is associated with anthropogenic activities of the transnational oil companies for over five decades in the Niger Delta region, Nigeria. Despite the degree of oil exploration and exploitation, the Niger Delta region remained underdeveloped in social amenities. The inhabitants were deprived and alienated from the Petrodollar benefits. The launching of artisanal refining by the locals as a way of getting from Petro Dollar business became inevitable. These activities have increased greenhouse gas emission leading to the alteration in weather conditions in the Region Sadly, the Joint Military Task Force deployed to monitor and arrest culprit bombard and burn down the artisanal refining equipment unprofessionally, thereby increasing greenhouse gas emission into the atmosphere. Given the above, the Niger Delta inhabitants are experiencing alteration in weather condition leading to poor agricultural harvest.  The study adopted Frustration/Aggression theoretical as its framework. The study relied on primary through questionnaires and interview, while secondary sources data was through journals, books, newspapers, among others. The study unraveled that resource-based conflict occasioned deprivation and frustration increased greenhouse gas emission. The study recommends amongst others convening a climate change summit that will involve all the stakeholders in the oil activities in the Region.


2020 ◽  
Vol 16 (29) ◽  
Author(s):  
Tombari Bodo ◽  
Batombari Gbidum Gimah ◽  
Kemetonye Joy Seomoni

Illegal oil bunkering is a regular activity in the Niger Delta region in Nigeria. Despite the huge financial cost on the part of the government and the multinational oil companies, the perpetrators of this business continue to expand their operations in the creeks. Illegal oil bunkering is now a booming business in the Niger Delta. It is believed to involve the different local militant groups in creeks, commodity traders, military personnel, international businessmen, and some indigenous oil servicing companies. The successes of illegal oil bunkering in Nigeria have been ascribed to both local and national interest as a result of the profits from this illegal oil business. This study critically examines the key actors of illegal oil bunkering; the root causes and consequences of illegal oil bunkering, and the solutions to the identified challenges.


2021 ◽  
Vol 8 (4) ◽  
pp. 465-483
Author(s):  
Ndidiamaka Chijioke ◽  
Susan Audu-Bako ◽  
Ikechukwu Uwakwe

The discovery of crude oil in Oloibiri-a town in the present Bayelsa state, Niger-Delta region of Nigeria) in 1956 and the subsequent exploration activities have over the years impacted tremendously not only on the ecosystem and livelihood pattern of the Niger Delta but on the pattern of conflicts that has trended.. While resources accruable to Nigeria from sale of crude oil are shared by all, the impacts of oil spill an offshoot of crude oil exploration activities are borne solely by the Niger Delta region. Oil spill appears to have found a permanent abode in Bayelsa state; from Southern Ijaw to Sagbama local governments, Olodiama to Azuzuama communities. Local communities are faced with the problem of continuous oil spill. This in turn has brought about conflicts between oil bearing communities and oil companies. These conflicts in some instances led to shut down of operations of oil companies, vandalism, and reduction of Nigeria’s crude export. In view of the illustrated background, this study examined the strategies for management of oil spill related conflicts in Bayelsa state regarding that oil spill is a key impact of crude oil exploration activity. Findings revealed that the strategies deployed in the management of oil spill in the state can be categorised into three: community strategies, regulators and non-governmental organisations strategies.


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