Science

Oil reserves of Nigeria: Peril behind Wealth

Little we know about people situated around oil reserves and the struggle they do every day for standard living, in spite of all the riches it brings to them.

Nigeria is one of the places where oil reserves are found in excess enough to make even a small landowner earn a lot. But this prosperity has become a curse to the people living in Nigeria.

Nigeria is listed in some lists where no country wants to get listed.  It is the most corrupted country of the world. More than 70% of the country lives on less than a dollar a day.

Nigeria can be a good example for what happens with a nation when it is given so many riches which it could not handle it.

Though there are many oil riches with them, people struggle with anti social activities like unemployment, robberies, murders, kidnaps, and as we already said, Corruption. This resulted in a constant but not consistent revolution among the people against government and oil companies.