Shell oil

Cards (38)

  • Where is the oil industry located in Nigeria?
    In the Niger Delta region
  • What geographical feature is associated with the oil industry in Nigeria?
    A vast area of wetlands
  • When did the oil boom in Nigeria take off?
    In the 1970s
  • What factors contributed to the oil boom in Nigeria?
    Expertise and money from large TNCs
  • What did TNCs build in Nigeria's oil industry?
    Drilling platforms
  • How are the oil and gas fields in Nigeria connected for export?
    By pipelines
  • What economic changes occurred in the Gulf of Mexico affecting Nigeria's oil exports?
    Changing economic world terms
  • What happens to crude oil after it is piped to tankers?
    It is shipped to Europe and the USA
  • What is done with the crude oil after it is shipped?
    It is refined into petroleum and other products
  • How do TNCs maximize their profits in Nigeria?
    By refining oil and selling products
  • What are the advantages of TNCs in Nigeria?
    • Created employment opportunities
    • Increased incomes for locals
    • Contributed significantly to the economy
  • What percentage of the government's income comes from oil in Nigeria?
    About 75%
  • What percentage of Nigeria's exports is oil responsible for?
    Close to 90%
  • What is Nigeria's status in Africa regarding oil exports?
    Largest oil exporter
  • How have Nigerian companies benefited from TNCs?
    By winning contracts for oil and gas
  • How does the government benefit from oil export taxes?
    Provides money for education and health
  • What can the revenue from oil taxes be used for?
    Improving education and health services
  • How do TNCs like Shell contribute to Nigeria's economy?
    By linking to international business networks
  • What are the disadvantages of TNCs in Nigeria?
    • Exploitation of local resources
    • Environmental degradation
    • Limited local reinvestment
  • What is a major disadvantage of TNCs in Nigeria?
    Exploitation of local resources
  • What environmental issue is associated with TNCs in Nigeria?
    Environmental degradation
  • How do TNCs affect local reinvestment in Nigeria?
    They limit local reinvestment
  • What are the key impacts of TNCs on Nigeria's oil industry?
    • Economic growth through job creation
    • Environmental challenges due to exploitation
    • Dependency on foreign companies
  • How does the government benefit from export taxes?
    It provides money for education and health care
  • What is one benefit of TNCs in Nigeria?
    They create international business links
  • How can TNCs help industries thrive in Nigeria?
    By creating international business connections
  • How much does Nigeria earn from oil each year?
    US $10 billion
  • What percentage of the Nigerian population lives below the poverty line?
    Over 70%
  • What traditional livelihoods are being damaged in the Delta region?
    Fishing and agriculture
  • What are the environmental impacts of oil production in Nigeria?
    Pollution and damage to fisheries
  • How do oil spills affect the Delta environment?
    They cause water pollution and damage fisheries
  • What issues arise from poor sanitation in Nigeria?
    Access to clean drinking water is hindered
  • What do oil flares and toxic fumes contribute to in Nigeria?
    Increased air pollution
  • What social issues have arisen in the Niger Delta region?
    Increased unrest, sabotage, and violent crime
  • How has social unrest affected the Niger Delta area?
    It has led to sabotage and violent crime
  • What are the disadvantages of TNCs in Nigeria?
    • Exploitation of low wage economy
    • Avoidance of local taxes
    • Environmental degradation
    • Damage to local livelihoods
  • What are the environmental consequences of oil production in Nigeria?
    • Water pollution from oil spills
    • Damage to fisheries and agriculture
    • Increased air pollution from flares
    • Poor sanitation affecting drinking water
  • What social issues are prevalent in the Niger Delta region?
    • High levels of poverty
    • Increased violence and crime
    • Social unrest and sabotage
    • Poor sanitation and health issues