Question Detail

GST 112 Study Session 9: Political Economy and Culture of Underdevelopment In Nigeria Objective Question
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Question

The transfer of ownership rights from the oil hosting communities to the federal government has deprived the communities of:
Options
A Land and water for production of goods and services.
B Abled man power for economic development.
C The fiscal revenue accruing from oil production.
Correct Answer
D Judicious spending of the oil wealth.
Correct Answer

Option C is the correct answer.

Detailed Explanation

The document states, 'The transfer of ownership rights from the oil hosting communities to the federal government has deprived the communities of the fiscal revenue accruing from oil production.'

Hint

What was the primary economic benefit that communities lost due to the transfer of ownership rights?

Question Info

Course: GST 112
Topic: Study Session 9: Political Economy and Culture of Underdevelopment In Nigeria
Type: Objective
Difficulty: Not specified
Question 524 of 1270
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