Which of these is a negative effect of petroleum on Nigerian economy?

Today, its economy is largely dependent on oil pro- duction. The agricultural sector is unable to produce enough food, forcing Nigeria to import food to feed its people. The country’s heavy reliance on oil has led Nigeria to civil instability, corruption, environ- mental degradation and economic exploitation.

What are the negative effects of petroleum?

Adverse health effects can include skin irritation, eye irritation, dizziness, headache, nausea and, and in extreme cases, death (2). Because petroleum is widely used, unintentional acute releases can occur almost anywhere.

What are the impact of petroleum on the Nigeria economy?

The Nigerian economy is heavily dependent on the oil sector, which, accounts for over 95 percent of export earnings and about 40 percent of government revenues, according to the International Monetary Fund.

What are 5 negative effects of the oil industry on the environment?

Other environmental impacts include intensification of the greenhouse effect, acid rain, poorer water quality, groundwater contamination, among others. The oil and gas industry may also contribute to biodiversity loss as well as to the destruction of ecosystems that, in some cases, may be unique.

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What are some negative effects of oil in Nigeria?

The country’s heavy reliance on oil has led Nigeria to civil instability, corruption, environ- mental degradation and economic exploitation.

How is petroleum bad for the environment?

As a fossil fuel, its combustion contributes to polluting emissions, especially of carbon dioxide, one of the most dangerous of the greenhouse gases. Human contributions of greenhouse gases have modified the atmospheric greenhouse layer, which plays an important role in moderating global temperatures.

What was one negative impact of the oil boom?

Oil and gas drilling has a serious impact on our wildlands and communities. Drilling projects operate around the clock generating pollution, fueling climate change, disrupting wildlife and damaging public lands that were set aside to benefit all people.

What is the economic importance of petroleum?

Jet fuel is used to power the extremely powerful engines that drive high performance aircraft. Distillates are used to produce lower grade fuels such as kerosene for use as a heating fuel and diesel fuel for use in powerful vehicles such as trucks, ships and industrial machinery.

What can be potential effects of petroleum products on environment?

Intensification of the greenhouse effect associated with global warming and climate change, acid rain, photochemical smog, reduced atmospheric visibility, death of forests, ozone depletion (from firefighting agents), soot/heavy metals deposition, poor water quality, surface water/groundwater contamination, soil …

How does getting petroleum affect the community?

Impacts to local economies and recreation: Oil spills can result in closures of beaches, parks, waterways, and recreational and commercial fisheries. There may also be restrictions on hunting and boating. As a result, local economies may be severely impacted, both in the short and long term.

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What is petroleum waste?

Petroleum sludge is a complex mixture containing different quantities of waste oil, waste water, sand, and mineral matter. Petroleum industries are responsible for the generation of large quantities of sludge, which is a major source of environmental pollution.

What are the effect of oil?

Environmental impact of oil

Just 1 litre of oil can contaminate 1 million litres of water. Oil pollution can have a devastating effect on the water environment, it spreads over the surface in a thin layer that stops oxygen getting to the plants and animals that live in the water.

What are the positive contribution of petroleum to Nigeria economy?

It serves as a major foreign exchange earner. It also generates revenue to the country through payments of royalties, license fees, rents, and petroleum profit tax by various oil companies. It also creates a high employment opportunities.

What are the effects of oil exploration?

Exploring and drilling for oil may disturb land and marine ecosystems. Seismic techniques used to explore for oil under the ocean floor may harm fish and marine mammals. Drilling an oil well on land often requires clearing an area of vegetation.