The Niger Delta represents one of the worst degraded and worst impoverished environments in the contemporary world. For over five decades, the Nigerian State has connived with the oil multinational in ruining the Niger Delta in the name of oil exploration and production. The people of the region have been exposed to sundry socio-economic, political and ecological malaises for which there has been no proper recompense. The apparent insoluble instability in the Niger Delta, even in its post-amnesty phase, is a sort of retribution for decades of abuse of the land and people of the Niger Delta. It is on this note that this paper submits that the crisis will prevail, and may even degenerate the more, until and unless the organic context which precipitates and sustains it is comprehensively and adequately addressed. This is without any prejudice to the prospects of the amnesty programme
Environmental management accounting thus represents a combined approach which provides
for the transition of data from financial accounting and cost accounting to increase material
efficiency, reduce environmental impact and risk and reduce costs of environmental protection Environmental accounting is a field that identifies resource use, measures and communicates costs of a company’s or national economic impact on the environment. Costs include costs to clean up or remediate contaminated sites, environmental fines, penalties and taxes, purchase of pollution prevention technologies and waste management costs.
An environmental accounting system consists of environmentally differentiated conventional accounting and ecological accounting. Environmentally differentiated accounting measures effects of the natural environment on a company in monetary terms. Ecological accounting measures the influence a company has on the environment, but in physical measurements.
WHAT ARE ENVIRONMENTAL COSTS?
From a macroeconomic perspective, the price of scarce raw materials, pollution and disposal do...