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Oil Spillages and Captured Fish Production in the Niger Delta of Nigeria

Author

Listed:
  • Eseoghene S. Olaifa

    (Department of Economics and Development Studies & Centre for Economic Policy and Development Research (CEPDeR), Covenant University, Ota, Nigeria)

  • Evans S. Osabuohien

    (Department of Economics and Development Studies & Centre for Economic Policy and Development Research (CEPDeR), Covenant University, Ota, Nigeria)

  • Haruna Issahaku

    (Department of Economics & Entrepreneurship Development, University for Development Studies, WA, Ghana)

  • Oluwatoyin Matthew

    (Department of Economics and Development Studies & Centre for Economic Policy and Development Research (CEPDeR), Covenant University, Ota, Nigeria)

Abstract

The Niger Delta is the oil-producing region in Nigeria; it is the largest wetland in Nigeria and among the 10 most important wetland and marine ecosystems globally. The incidence of oil spillages raised serious concerns about seafood safety. Hence, this study empirically examined oil spillages and captured fish production in the Niger Delta of Nigeria. This study made used secondary data from 1986 to 2018, which was sourced from the Food and Agricultural Organisation (FAO), Central Bank of Nigeria (CBN), Federal Department of Fisheries (FDF) and Department of Petroleum Resources (DPR). The study engaged Auto-Regressive Distributed Lag (ARDL) Bounds estimation technique Findings revealed the existence of a 5% significant level of impact oil spillages on fish production negatively in Nigeria. The ARDL error correction model (ECM) for the first simulation showed a relatively low value of -0.28. This implies a relatively low speed of adjustment, which captures the rate of return to equilibrium. Therefore, this study concludes that oil spillage decreases the quantity of captured fish production in the Niger Delta region of Nigeria. It is essential that fishing activity remain viable because it is the main employer in the region. This can only be accomplished by sustainable exploitation, utilisation and management of oil resources in the Niger Delta region.

Suggested Citation

  • Eseoghene S. Olaifa & Evans S. Osabuohien & Haruna Issahaku & Oluwatoyin Matthew, 2022. "Oil Spillages and Captured Fish Production in the Niger Delta of Nigeria," International Journal of Energy Economics and Policy, Econjournals, vol. 12(3), pages 175-183, May.
    • Handle: RePEc:eco:journ2:2022-03-18
    as

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    References listed on IDEAS

    as
    1. Osuagwu, Eze & Olaifa, Eseoghene, 2018. "Effects of oil spills on fish production in the Niger Delta," MPRA Paper 112933, University Library of Munich, Germany, revised 19 Sep 2018.
    2. Jeremiah O. Ejemeyovwi & Evans S. Osabuohien & Olawale D. Johnson & Ebenezer I. K. Bowale, 2019. "Internet usage, innovation and human development nexus in Africa: the case of ECOWAS," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 8(1), pages 1-16, December.
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    More about this item

    Keywords

    oil spillage; fish production; Niger Delta; energy resource; environmental policy;
    All these keywords.

    JEL classification:

    • Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture
    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • Q49 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Other
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products

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