History – Primary 6 Weekly Short Class Lesson Notes for Second Term

WEEK 8 AND 9 – ECONOMIC HISTORY OF NIGERIA OIL ECONOMY II

MAJOR OIL COMPANIES IN NIGERIA

Oil companies are companies that drill, produce, and sell crude oil in Nigeria. Examples of Major Oil Companies are Shell, Chevron, ExxonMobil, Total Energies, Eni (Agip), Nigerian National Petroleum Corporation (NNPC)

Major oil companies are companies that explore, drill, and produce crude oil in Nigeria.

1. Shell – One of the oldest oil companies in Nigeria. It operates mainly in the Niger Delta region.

2. Chevron – It is an international oil company involved in offshore oil production.

3. ExxonMobil – It produces crude oil and natural gas, especially offshore.

4. Total Energies – It is a French oil company involved in oil and gas production.

5. Eni (Agip) – It operates oil fields and pipelines in Nigeria.

6. Nigerian National Petroleum Corporation (NNPC) – The government-owned oil company that manages Nigeria’s oil resources.

 

BENEFITS OF CRUDE OIL PRODUCTION TO NIGERIA’S ECONOMY

Crude oil production helps Nigeria in many ways:

1. It is a source of income for Nigeria government.

2. It serves as foreign exchange earnings from export.

3. It provides employment opportunities for Nigerians.

4. It creates infrastructure like roads and schools.

5. It improves national economy and standard of living.

 

MULTIPLE CHOICE QUESTIONS (MCQs)

INSTRUCTION – Choose the correct answer from the options A – D. 

1. Crude oil is mainly found in the ______ region of Nigeria.

A. North-East

B. North-West

C. South-South

D. North-Central

 

2. Which of these is an oil company in Nigeria?

A. Shell

B. Presco

C. Ekcorp

D. Gtbank

 

3. The government-owned oil company in Nigeria is ______.

A. Shell

B. Chevron

C. ExxonMobil

D. NNPC

 

4. One major benefit of crude oil production is ______.

A. pollution

B. income generation

C. deforestation

D. flooding

 

5. Crude oil exported by Nigeria helps to earn ______.

A. water

B. food

C. foreign exchange

D. noise

 

6. Which of the following is NOT an oil company?

A. Chevron

B. TotalEnergies

C. ExxonMobil

D. Nestlé

 

7. Oil companies help Nigeria by providing ______.

A. jobs

B. games

C. noise

D. traffic

 

8. Crude oil is used to produce ______.

A. petrol

B. kerosene

C. diesel

D. all of the above

 

9. One way crude oil benefits Nigeria is through ______.

A. unemployment

B. poverty

C. infrastructure development

D. pollution only

 

10. Nigeria earns money from crude oil mainly through ______.

A. import

B. export

C. donation

D. farming

 

FILL IN THE GAP QUESTIONS

11. Crude oil is a major source of ______ to Nigeria.

12. The government oil company in Nigeria is called ______.

13. Shell, Chevron, and ExxonMobil are examples of ______ companies.

14. Crude oil helps Nigeria earn foreign ______.

15. Oil companies provide ______ opportunities for Nigerians.

 

SHORT ANSWER QUESTIONS

16. What is crude oil?

17. Mention two oil companies operating in Nigeria.

18. Name the government-owned oil company in Nigeria.

19. State two benefits of crude oil production to Nigeria.

20. Where is crude oil mainly found in Nigeria?

 

ANSWER KEY

1. C 2. A 3. D 4. B 5. C 6. D 7. A 8. D 9. C 10. B 11. income 12. NNPC 13. oil 14. exchange 15. employment/jobs

16. Crude oil is a natural resource found under the ground and used to make fuel.

17. Shell and Chevron.

18. Nigerian National Petroleum Corporation (NNPC).

19. I. Generates income, II. Creates jobs

20. In the South-South (Niger Delta) region.