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
Bonny Island Bonny Island Bonny Island is situated at the southern edge of Rivers State in the Niger Delta of Nigeria near Port Harcourt. Ferries are the main form of transport to and from the island. The local language spoken in Bonny Island and Bonny Town is Ibani, though many natives also speak the Igbo language. Located at the edge of the Atlantic Ocean facing the Bight of Bonny sits the island of Bonny. This serene community has several historical and economic symbolism for the Nigerian federation. Bonny Island or Grand Bonny Island was founded by Priest and Premier King (Monarch) Alagbariye