Author : 1, Okoronkwo, Onyebuchi and 2, Mgbojirikwe, Chinaka Constantine

The vociferation for the control of oil exploration spill hazards all over the globe is not unexpected. Those who go about the business of agitating for green economy are convinced that no society truly desirous of development can ignore the hazard of Oil spillage. This is as a result of its consequences on health, environment, youth restiveness, and unending agitation in the areas involved. The experiences of developed countries that involve in oil exploration in the world is a substantiation of this reality. However, the reverse seems to be the case in many developing countries where there has been a huge gulf between the anticipated gains of oil exploration and reality on ground. Given the Nigerian situation, this then leaves one wandering to whether oil exploration brings about development everywhere or not. This paper investigates the Niger Delta exploration and green economy proclivities towards their search for development and offers economical and environmental exposition for the missing gaps. While the paper argues that the universal features that define green economy are requisites for development anywhere, there are however some peculiar factors that stringently inhibit against the manifestation of this relationship in the Niger-Delta. These factors, in their intrinsic and extrinsic forms, are epitomized by leadership failure across Niger-Delta and Nigeria in general. This poses enormous threats to the developmental aspirations of the people. It also accounts for the inability to provide the basic needs of the people in spite of huge resources, both material and human.  This paper thus suggests and concludes that government has a central role to play in putting in place strategies, targeted public expenditures, policy reforms and regulatory changes to promote further investment and initiatives by the private sector and civil.

Affiliation :

1 Department of Economics,University of Calabar, Nigeria
2 Department of English and Literary Studies University of Calabar, Nigeria.

Keywords : Exploration, Green economy, Impact, Niger Delta, Sustainability
Date : Monday ,01 ,September ,2014

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