Oil Spillages and Captured Fish Production in the Niger Delta of Nigeria

Eseoghene S. Olaifa, Evans S. Osabuohien, Haruna Issahaku and Oluwatoyin Matthew
Additional contact information
Eseoghene S. Olaifa: Department of Economics and Development Studies & Centre for Economic Policy and Development Research (CEPDeR), Covenant University, Ota, Nigeria
Evans S. Osabuohien: Department of Economics and Development Studies & Centre for Economic Policy and Development Research (CEPDeR), Covenant University, Ota, Nigeria
Oluwatoyin Matthew: Department of Economics and Development Studies & Centre for Economic Policy and Development Research (CEPDeR), Covenant University, Ota, Nigeria

International Journal of Energy Economics and Policy, 2022, vol. 12, issue 3, 175-183

Abstract: The Niger Delta is the oil-producing region in Nigeria; it is the largest wetland in Nigeria and among the 10 most important wetland and marine ecosystems globally. The incidence of oil spillages raised serious concerns about seafood safety. Hence, this study empirically examined oil spillages and captured fish production in the Niger Delta of Nigeria. This study made used secondary data from 1986 to 2018, which was sourced from the Food and Agricultural Organisation (FAO), Central Bank of Nigeria (CBN), Federal Department of Fisheries (FDF) and Department of Petroleum Resources (DPR). The study engaged Auto-Regressive Distributed Lag (ARDL) Bounds estimation technique Findings revealed the existence of a 5% significant level of impact oil spillages on fish production negatively in Nigeria. The ARDL error correction model (ECM) for the first simulation showed a relatively low value of -0.28. This implies a relatively low speed of adjustment, which captures the rate of return to equilibrium. Therefore, this study concludes that oil spillage decreases the quantity of captured fish production in the Niger Delta region of Nigeria. It is essential that fishing activity remain viable because it is the main employer in the region. This can only be accomplished by sustainable exploitation, utilisation and management of oil resources in the Niger Delta region.

Keywords: oil spillage; fish production; Niger Delta; energy resource; environmental policy (search for similar items in EconPapers)
JEL-codes: O13 Q1 Q22 Q4 Q49 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.econjournals.com/index.php/ijeep/article/download/12890/6751 (application/pdf)
https://www.econjournals.com/index.php/ijeep/article/view/12890 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2022-03-18

Access Statistics for this article

International Journal of Energy Economics and Policy is currently edited by Ilhan Ozturk

More articles in International Journal of Energy Economics and Policy from Econjournals
Bibliographic data for series maintained by Ilhan Ozturk ().