Assessment of Oil Companies Compensation on Catchment Communities in Eket Local Government Area, Nigeria.

Abstract

This paper seek to evaluate the extent of compensation given to the catchment communities in Eket Local Government Area whose ecosystem has been degraded  to oil companies prospecting for crude oil. Two communities were used for this study which includes, Ubenekang and Mkpanak and information such as oil companies activities, causes of oil spillage, effect on the ecosystem and the extent of compensation were captured in the questionnaires which were administered to one thousand respondents using random sampling technique. The data collected show that oil companies in the area have contributed to environmental degraded of the communities in the area which was also evidenced in the tested hypotheses which show that the impact of  oil companies activities on the environment outweigh the level of compensation given to catchment communities.