Question Detail

GST 112 GST 112 Test Compilations 16 Objective Question
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Question

Federal control of crude oil production has deprived host communities of which of the following?
Options
A Judicious spending of the oil wealth
B Abled man power for economic development
C The fiscal revenue accruing from oil production
Correct Answer
D Land and water for production of goods and services
Correct Answer

Option C is the correct answer.

Detailed Explanation

The federal control of crude oil production in Nigeria has often led to the host communities being deprived of the fiscal revenue that accrues from the oil production, leading to issues like underdevelopment and environmental degradation in these areas.

Hint

Think about the economic benefits that oil-producing communities might expect to receive.

Question Info

Course: GST 112
Topic: GST 112 Test Compilations 16
Type: Objective
Difficulty: Not specified
Question 1218 of 1270
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