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Oil Exploration and Exploitation in Nigeria and the Challenge of Sustainable Development: An Assessment of the Niger Delta

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  • Michael Oguwuike Enyoghasim

    (Department of Economics and Development Studies, Alex Ekwueme Federal University, Ndufu-Alike Ikwo, Ebonyi, Nigeria,)

  • Lasbrey Anochiwa

    (Department of Economics and Development Studies, Alex Ekwueme Federal University, Ndufu-Alike Ikwo, Ebonyi, Nigeria,)

  • F. Tobechi Agbanike

    (Department of Economics and Development Studies, Alex Ekwueme Federal University, Ndufu-Alike Ikwo, Ebonyi, Nigeria,)

  • Iyke Uwazie Uwazie

    (Department of Economics, Michael Okpara University of Agriculture, Umudike, Nigeria.)

  • E. Uma Kalu

    (Department of Economics and Development Studies, Alex Ekwueme Federal University, Ndufu-Alike Ikwo, Ebonyi, Nigeria,)

  • O. Kelvin Onwuka

    (Department of Economics and Development Studies, Alex Ekwueme Federal University, Ndufu-Alike Ikwo, Ebonyi, Nigeria,)

  • Sunday Amalunweze Okwor

    (Department of Economics and Development Studies, Alex Ekwueme Federal University, Ndufu-Alike Ikwo, Ebonyi, Nigeria,)

  • Ikwor Okoroafor Ogbonnaya

    (Department of Economics and Development Studies, Alex Ekwueme Federal University, Ndufu-Alike Ikwo, Ebonyi, Nigeria,)

Abstract

The study seeks to evaluate the environmental problems associated with oil exploration and exploitation in the Niger Delta area of Nigeria on one part with a focus on empirical examination of one of the variables highlighted in the literature - emission of CO2 on people s health. With data 1980-2015 drawn from CBN bulletin, we employed OLS and 3SLS regression model to analyze. Life expectancy at birth is the dependent variable, while carbon emission, gross domestic product per capital, female education, and public health expenditure are explanatory variables. Findings show that Carbon emission (CO2EM) has a negative coefficient which is in line with the theoretical expectation. It is observable that an increase in carbon emission by one unit will reduce life expectancy by 0.04 per cent. This result supports the unsustainability of the business and gas emissions and oil spill in the Delta region as harmful to the wellbeing of the masses.

Suggested Citation

  • Michael Oguwuike Enyoghasim & Lasbrey Anochiwa & F. Tobechi Agbanike & Iyke Uwazie Uwazie & E. Uma Kalu & O. Kelvin Onwuka & Sunday Amalunweze Okwor & Ikwor Okoroafor Ogbonnaya, 2019. "Oil Exploration and Exploitation in Nigeria and the Challenge of Sustainable Development: An Assessment of the Niger Delta," International Journal of Energy Economics and Policy, Econjournals, vol. 9(4), pages 369-380.
    • Handle: RePEc:eco:journ2:2019-04-46
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    Cited by:

    1. Lasbrey Anochiwa & Oguwuike Michael Enyoghasim & Kalu E. Uma & C. Paul Obidike & Iyke Uwazie Uwazie & Ikwor Okoroafor Ogbonnaya & O. Richard Ojike & Clara Kelechi Anyanwu, 2020. "Energy Consumption and Economic Growth Nexus in Nigeria: Evidence based on ARDL Bound Test Approach," International Journal of Energy Economics and Policy, Econjournals, vol. 10(6), pages 713-721.

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    More about this item

    Keywords

    Carbon emission; Oil exploration; environmental degradation; resource curse;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q33 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Resource Booms (Dutch Disease)
    • Q34 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Natural Resources and Domestic and International Conflicts

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