Monday, January 6, 2020
The Help of Shell in the Niger Delta Region Essay
The Help of Shell in the Niger Delta Region TABLE OF CONTENT Introduction Shell is a group of oil and petrol companies. The parent company is Royal Dutch Shell, based in Britain, is a multinational corporation (MNC). The group of companies is active in countries all over the world, including Nigeria. The Federal Republic of Nigeria is extremely rich in oil resources. Rightly so, their business-connection goes back over fifty years. Likewise, a Shell company, the Shell Petroleum Development Company of Nigeria (SPDC), is the largest oil and gas operator in Nigeria. Nigeria is a developing country; therefore Shell has been active in giving to the community. Over the past decades, they have tried different strategies. The companyâ⬠¦show more contentâ⬠¦Nigeria, The Niger Delta and the Nigerian Government Nigeria might be rich in resources; its population lives in poverty. With a Multidimensional Poverty Index (MPI) of .31, it was ranked number 157 out of the 186 United Nations (UN) member states in 2012. Also, according to the World Bank, the poverty headcount ratio was 68%, meaning this part of the population lived with less than $1.25 a day in 2010. The Niger Delta is one of the nine states of the Federal Republic of Nigeria. It counts about 20 million people and around 70 000 kmà ² of land. The region is one of the most prominent wetlands in the world. Oil has produced about $600 billion since the 1960ââ¬â¢s. Despite its wealth in resources, the majority of the people live under poor conditions. To counter this poverty, the Nigerian government has set up several commissions in the past. The most prominent are the Oil Mineral Producing Areas Development Commission (OMPADEC) and the Niger Delta Development Commission (NDDC). The OMPADEC was established in 1993 and focused on the development of the Niger Delta Region (NDR). It however failed due to factors as corruption, mismanagement and non-sufficient funding. Hereafter, the NDDC was to replace the OMPADEC. It would create socio-economic development in the NDR. The NDDC set up various projects in the region. However, due to the poor structure of the organisation and inadequate funding the NDDC haveShow MoreRelatedThe Niger Delta And The Oil Companies1576 Words à |à 7 PagesThe 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. 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