JAMB Economics 1999 Question 26

Question 26

Natural Resources and Petroleum

The first petroleum exploring company to discover crude petroleum in Nigeria was

  1. A.Mobil
  2. B.Texaco
  3. C.Agip
  4. D.Shell-BP.
Show the answer and explanation

Answer: D (Shell-BP.)

Explanation

Shell-BP found oil in commercial quantity at Oloibiri in 1956.