Economy of Nigeria imports a significant amount of food to sustain itself. However, efforts are being made towards making the country food sufficient again. Nigeria's proven oil reserves are estimated to be ; natural gas reserves are well over . Nigeria is a member of the Organization of Petroleum Exporting Countries (OPEC). The types of crude oil exported by Nigeria are Bonny light oil, Forcados crude oil, Qua Ibo crude oil and Brass River crude oil. Poor corporate relations with indigenous communities, vandalism of oil infrastructure, severe ecological damage, and personal security problems throughout the Niger Delta oil-producing region continue to plague Nigeria's
Kingdom of Bonny Kingdom of Bonny The Kingdom of Bonny is a traditional state based on the town of Bonny in Rivers State, Nigeria. In the pre-colonial period, it was an important slave trading port, later trading palm oil products. During the 19th century the British became increasingly involved in the internal affairs of the kingdom, in 1886 assuming control under a protectorate treaty. Today the King of Bonny has a largely ceremonial role. The Ibani kingdom was a state in the South Atlantic Coast, around the 11th century. The modern name "Bonny" is a distortion of the original name. According to tradition