This study investigated the effects of gaseous emissions from crude storage tank and gas flaring on air and rainwater quality in Bonny Industrial Island. Ambient air quality parameters, rainwater and weather parameters were collected at 60 m, 80 m, 100 m, 200 m and control plot for 4 weeks at the Bonny. Rainwater parameters were investigated using standard laboratory tests. Data analyses were done using Analysis of variance, pairwise t-test and Pearson’s correlation statistical tools. Results show that emission rates, volatile organic compound (VOC) noise and flare temperature decreased with increasing distance from flare points and crude oil storage tanks. Findings further revealed the emission rates varied significantly with distance away from the gas flaring point (F = 6.196; p = 0.004). The mean concentration of pollutants between gas flare site and crude oil storage tank showed that CO (0.02 ± 0.001 - 0.002 ±0.001), SPM (0.011 ± 0.001 - 0.01 ± 0.001), VOC (0.005 ± 0.001 - 0.01 ± 0.001) and NO2 (0.04 ± 0.001 - 0.005 ± 0.000) had significant variations (p > 0.05) with CO, O3 and NO2 having higher concentrations at the gas flare site while SPM, and VOC were higher around the crude oil storage tank site. Wind turbulence was higher around the gas flaring point (4.93 TKE) than the crude oil storage tank (4.55 TKE). Similarly, there was significant variation in the sun radiation, precipitation, and wind speed caused by gas flaring (1582.25 w/m2, 436.25 mm, 0.53 m/s) and crude oil storage tank (1536.25 w/m2, 3.91.41 mm, 0.51 m/s). There were also significant variations in flared temperature (F = 22.144; p = 0.001); NO2 (F = 8.250; p = 0.001), CO (F = 6.000; p = 0.004) and VOC (F = 5.574; p = 0.006) with distance from the gas flaring point. The variation in the rainwater parameters with distance from the gas flaring indicated significant variations in pH (F = 5.594; p = 0.006). The study showed that the concentration of VOC and particulates were high in the supposedly control area which is perceived to be safe for human habitation. Significant variations exist in emission rate (p = 0.015), flare temperature (p = 0.001), NO2 (p = 0.003), VOC (p = 0.001), noise (p = 0.041), hydrogen carbonate (p = 0.037) and chromium (p = 0.032) between the gas flaring and crude oil storage tank. Regular monitoring is advocated to mitigate the harmful effects of the pollutants.