Impact of Multinational Oil Companies in Oil Producing Communities in Niger Delta, Nigeria

Abstract

The paper analyzes the impact of Multinational Oil Companies in oil producing communities in Niger Delta, Nigeria. It is very important to note that the activities of the multinational oil companies in the oil rich Niger Delta have both positive and negative impacts. The negative impact is responsible for the state of insecurity in the region and Nigeria in general. When the oil exploration threatens inhabitants of oil communities, the people react through attacks of oil facilities which are likely to crash the oil sector which is the mainstay of the Nigerian economy. The results are job loss, kidnapping, crime and other nefarious activities which are capable of strengthening insecurity. The structural functionalism theory was used to analyze the impact of multinational companies in oil producing communities in Niger Delta   This paper proffers solution that can address the negative impact and security implications of the multinationals.