Economics JAMB

Petro-chemical industries are located in the Rivers State of Nigeria because of ________?

A. favourable soil
B. coal deposit
C. crude oil deposit
D. favourable climate

Correct Answer:

Option C = crude oil deposit

Explanation

Many Nigerians perceive the Niger Delta as synonymous with the oil-producing areas of Nigeria. In other words, the Niger Delta includes the states of Abia, Akwa Ibom, Bayelsa, Cross River, Delta, Edo, Imo, Ondo and Rivers.

The region is blessed with abundance of human and physical resources, including the majority of Nigeria’s oil and gas deposits, good agricultural lands, extensive forests, excellent fisheries, as well as with a well-developed industrial base. The Niger Delta region of Nigeria is richly endowed with natural resources with oil and gas accounting for over 85% of the Nation’s gross domestic product (GDP); over 95% of the National budget; and over 80% of the national wealth.

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