History – Primary 6 Weekly Short Class Lesson Notes for Second Term
WEEK 5 AND 6 – ECONOMIC HISTORY OF NIGERIA ECONOMY (CRUDE OIL) I
WEEK 5 – CRUDE OIL
MEANING OF ECONOMIC HISTORY
Economic history is the study of how a country or people produced, distributed, and used goods and services in the past.
RELEVANCE OF ECONOMIC HISTORY TO NIGERIA’S DEVELOPMENT
Economic history helps Nigeria to:
1. Understand how the economy started (agriculture, trade, mining, etc.).
2. Learn from past mistakes (like overdependence on oil).
3. Plan better for the future.
4. Know the importance of diversification (agriculture, technology, manufacturing).
5. Improve policies for growth and development.
For example, Nigeria once depended mainly on agriculture (cocoa, groundnut, palm oil) before crude oil became the major source of income.
MEANING OF CRUDE OIL
Crude oil is a natural liquid found deep underground. It is a thick, dark liquid made from plants and animals that lived millions of years ago. It is also called petroleum.
Crude oil is used to produce: Petrol, Diesel, Kerosene, Cooking gas, Plastics, etc.
PLACES WHERE CRUDE OIL IS FOUND IN NIGERIA
Crude oil is mainly found in the Niger Delta region. Crude oil was first discovered in commercial quantities in Nigeria at Oloibiri in present-day Bayelsa State (formerly Rivers State) on January 15, 1956, by Shell-BP.
Major states include: Rivers State, Delta State, Bayelsa State, Akwa Ibom State, Edo State, Ondo State, Imo State, Abia State
OTHER COUNTRIES WHERE CRUDE OIL IS FOUND
1. Saudi Arabia
2. United States of America
3. Russia
4. Iraq
5. Kuwait
6. United Arab Emirates
WEEK 6 – REFINERY
MEANING OF REFINERY
A refinery is a factory where crude oil is processed into useful products like petrol, diesel, and kerosene.
REFINERIES IN NIGERIA
1. Port Harcourt Refinery – Rivers State
2. Warri Refinery – Delta State
3. Kaduna Refinery – Kaduna State
4. Dangote Refinery – Lagos State
GOVERNMENT AGENCIES RESPONSIBLE FOR CONTROL, DISTRIBUTION AND SALES OF PETROLEUM PRODUCTS IN NIGERIA
1. Nigerian National Petroleum Company Limited (NNPC Ltd)
2. Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)
3. Nigerian Upstream Petroleum Regulatory Commission (NUPRC)
4. Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN)
MULTIPLE CHOICE QUESTIONS (MCQs)
INSTRUCTION – Choose the correct answer from the options A – D.
1. Economic history is the study of ______.
A. Wars in the past
B. Government elections
C. Religion
D. How people produced and used goods in the past
2. Before crude oil, Nigeria mainly depended on ______.
A. Agriculture
B. Gold
C. Banking
D. Tourism
3. Crude oil is also called ______.
A. Water
B. Petrol
C. Petroleum
D. Gas
4. Crude oil is mainly found in the ______ region of Nigeria.
A. Northern region
B. Niger Delta
C. Western region
D. Eastern hills
5. Which of these is NOT a product of crude oil?
A. Petrol
B. Diesel
C. Kerosene
D. Cocoa
6. A refinery is a place where crude oil is ______.
A. Sold
B. Exported
C. Processed
D. Discovered
7. Which state is known for oil production?
A. Rivers
B. Kano
C. Plateau
D. Kebbi
8. The Port Harcourt Refinery is located in ______ State.
A. Lagos
B. Kaduna
C. Rivers
D. Edo
9. NNPC Ltd is responsible for ______ in Nigeria.
A. Teaching in schools
B. Controlling petroleum resources
C. Running hospitals
D. Road construction
10. One importance of economic history is to help Nigeria ______.
A. Plan for the future
B. Forget the past
C. Stop trading
D. Close businesses
Fill IN THE GAP QUESTIONS
11. Crude oil is a natural liquid found deep under the ______.
12. Nigeria’s crude oil is mainly found in the ______ Delta.
13. A factory where crude oil is processed is called a ______.
14. Petrol and diesel are products of ______ oil.
15. NNPC means Nigerian National Petroleum ______.
SHORT ANSWER QUESTIONS
16. What is economic history?
17. Mention two products of crude oil.
18. Name two oil-producing states in Nigeria.
19. What is a refinery?
20. Name one government agency that controls petroleum in Nigeria.
Answer: Nigerian National Petroleum Company Limited (NNPC Ltd).
ANSWER KEY
1. B 2. A 3. C 4. B 5. D 6. C 7. A 8. C 9. B 10. A 11. ground 12. Niger 13. refinery 14. crude 15. Company
16. Economic history is the study of how people produced and used goods and services in the past.
17. Petrol and diesel.
18. Rivers State and Delta State.
19. A refinery is a factory where crude oil is processed into useful products.
20. Nigerian National Petroleum Company Limited (NNPC Ltd).