OIL & THE NIGER DELTA: WHAT ARE THE PROSPECTS?

For over half a century, Nigeria‚Äôs Niger Delta has been the most prolific of oil exploration play in the country and in sub-Saharan Africa. Since the discovery of oil in the province in commercial quantity, exploration has occurred year-in-year-out, giving rise to a multibillion-dollar oil and gas industry, which currently serves as the main source…