Examining Available Petroleum Development Benefits and Challenges Incidental to Oil Exploration in Some Oil Producing Communities in Akwa Ibom State, Nigeria.
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This study examined available petroleum development benefits incidental to oil exploration in some oil producing communities in Akwa Ibom State, Nigeria. Systematic random sampling procedure was adopted to obtain data from some communities in three local government areas of Esit Eket, Ibeno and Eastern Obolo using 400 respondents obtained from the Taro Yamane formula for sample sizes. Data was obtained through interviews and direct observation and subjected to simple percentages while statistical methods such as linegraph, frequency table, Bar and Pie charts as well as tables were employed to summarize and display information. Findings suggested that the infrastructure provided by the oil companies were many with School/Educational facilities and Potable water in the lead. Findings also indicated that the most important source of credit for the respondents was fromrelations, implying that families whose members are working in the oil multinationals benefited indirectly from the oil companies by accessing credits from the relations. This was seconded by Banks. Under the infrastructural development variables, only water projects and education facilities were found. Provision of alternative good roads listed as one of the expectations was not seen as benefits in the area. It was recommended that the oil companies carry out are-appraisal of their community developmental ef orts in order to ensure that only projects that are directly relevant to the needs of the host communities are executed as part of the companies’ CSR efForts.
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