Where was oil first discovered in commercial quantities in Nigeria?
Answer Details
Oil was first discovered in commercial quantities in Nigeria in Oloibiri, a small community located in present-day Bayelsa State. The discovery was made on Sunday, January 15, 1956, by a team of Shell British Petroleum (now Shell Petroleum Development Company) led by a geologist, Mr. L.A.K. Jones. The discovery of oil in Oloibiri marked the beginning of Nigeria's oil industry, which has become the country's main source of revenue and foreign exchange.