We as Nigerians we have crude oil but our country is still poor and going backward on a daily. And the question is, is it suppose to be so as an oil producing country, states, LGA's and communities?
When you travel and log in to our local communities in the villages as SPDC Shell host communities that has now been taking over by Renaissance, you see that there's nothing to write home about.
The local content agreement has it that they will bring development to the Shell host communities, things like,
1. Electricity.
2. Good roads.
3. Scholarships.
4. Borehole's water.
5. Youths empowerments.
6. Employment in their companies.
7. Monthly stipends for old men/women
etc
But none of these is being carried out.
Where did you get this content of agreement or are you just guessing ?
This can't be denied that the SPDC really failed their host communities but most times, I wouldn't blame them
But rather our forefathers who signed those agreement with them considering the fact that, the agreement that was signed might even be for a longer period of time and even as things and time has passed and economy has gotten these tougher, most of those signed agreements never gave room for review of agreements after a period of time else those signed agreement should be due for review by now.
Some of the host communities of shell would also take some of these blames because some of them were not interested in the future as they wanted an immediate compensation from shell which they offered as at then.