Economy
The main economic activity is food crop farming. And the staple food crops include cassava and yams. There is also the widespread production of palm oil and palm kernels. Limited amount of hunting and fishing is also done. Women form a large proportion of the farming population. They also engage in trade of food crops for cash to meet other basic household needs. On market days, it is common to see Isoko women peddling their assorted goods around neighboring villages.
Cassava is the source of most of the foods consumed by the Isoko people. Garri, starch meal (Ozi), Egu are cassava derivatives.
Food crop production has been declining rapidly recently. This has been largely attributed to soil damage resulting from frequent crude oil spills from pipelines belonging to some of the major oil producing companies (including Shell Petroleum Development Company (SPDC), whose pipeline network transverse the landscape). This has led to large-scale frustrations with Shell Petroleum Development Company, and has resulted in skirmishes and, recently, kidnappings for ransom in some neighboring communities.
Read more about this topic: Isoko Region
Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)