Question on: JAMB Economics - 2003
The major role of multi-national companies in the petroleum industry in Nigeria is
A
the establishment of refineries
B
oil marketing and prospecting
C
oil marketing only
D
oil prospecting only
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Correct Option: B
Multi-national companies in the petroleum industry in Nigeria are involved in a range of activities, but the most significant roles are:
* **Oil marketing:** Selling and distributing petroleum products.
* **Prospecting:** Searching for potential oil deposits.
The other options are not as comprehensive. Refineries are sometimes established by these companies, but it's not the *major* role.
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