The question was fairly popular with candidates. However, candidates only managed to score pass mark in it because most of their points contained more of irrelevances. The few candidates who gave relevant points failed to expatiate them to obtain the maximum marks. This robbed them of enormous marks. The overall candidates’ performance in the question was a little below average. In order to score good marks in the question, candidates were expected to state some of the following points:
(i) to protect the interests of its members;
(ii) it has helped in the stabilization of World oil prices thereby preventing wide fluctuations in oil prices and output;
(iii) it has been responsible for seeking favourable markets for oil produced by its members;
(iv) the existence of OPEC has led to improved trade relations among members and the international community as a whole;
(v) OPEC provides employment for many people especially from the member nations, etc.