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WAEC Economics 1995 Question 38

Question 38

Natural Resources and Petroleum

Where was oil first discovered in commercial quantities in Nigeria?

  1. A.Oloibiri
  2. B.Warri
  3. C.Elesa Eleme
  4. D.Onitsha
  5. E.Port Harcourt
Show the answer and explanation

Answer: A (Oloibiri)

Explanation

Shell-BP struck oil in commercial quantity at Oloibiri (now in Bayelsa State) in 1956.