The Oluwa Forest Reserve is located in southwestern Nigeria, and covers over 829 km². It is part of the Omo-Shasha-Oluwa forest reserves, although it has become separated from the Omo and Shasha reserves (which are still connected as of 2011). The three reserves contain some of the last remaining forest in the area. Although they are biologically unique, they are threatened by logging, hunting and agriculture.

2007 Nigerian Conservation Foundation report

In 2007, British Gas

BG Group

BG Group plc is a global oil and gas company headquartered in Reading, United Kingdom. It has operations in 25 countries across Africa, Asia, Australasia, Europe, North America and South America and produces around 680,000 barrels of oil equivalent per day. It has a major Liquefied Natural Gas ...

 commissioned the Nigerian Conservation Foundation

Nigerian Conservation Foundation

The Nigerian Conservation Foundation is a prominent environmental non-governmental organization which works to preserve the natural resources and biodiversity of Nigeria. The Foundation was founded in 1980 and has worked since then on a number of resource management and conservation projects...

 to report on the feasibility of its proposed protected area in the three reserves. Among the report's findings were:

• 40 percent of the natural forest in the reserves remains.
• Elephants and chimpanzees
  Common Chimpanzee
  The common chimpanzee , also known as the robust chimpanzee, is a great ape. Colloquially, the common chimpanzee is often called the chimpanzee , though technically this term refers to both species in the genus Pan: the common chimpanzee and the closely related bonobo, formerly called the pygmy...
  
  still inhabit the area.

Its recommendations were:

• All logging, hunting, farming and human settlement should stop.
• Two protected areas should be established: Western Omo/Shasha and Oluwa.
• The area connecting the Omo and Shasha forests near Etemi should be allowed to regrow.
• Management plans should be implemented for the area.