The Rape Of Paradise With five decades of oil and gas production bringing close to $500bn in revenue to the Nigerian exchequer, the constant stream of petrodollars ought to have provided the West African country with the financial muscle to transform itself into a global economic powerhouse, in which its citizens, especially those from the oil-producing regions of the Niger Delta, would have been guaranteed a high quality of life. But the ordinary citizens of that region, particularly those from Ogoniland in Rivers State, would find it hard, if not impossible, to do anything else other than to curse the day that oil production by Shell began in their homeland, as they are forced to live with the unending horrors of oil pollution.
Immersi nel petrolio Akintunde Akinleye (Reuters/Contrasto) La Nigeria è l’ottavo esportatore di petrolio al mondo, e tre quarti del greggio che produce viene dalla regione del Delta del Niger, nel sud del paese. Ma il Delta del Niger è soprattutto una zona povera, inquinata e violenta, dove è in corso una guerra civile a bassa intensità.Per sopravvivere, molte persone si dedicano a un’attività illegale e pericolosa: rubare il petrolio dagli oleodotti delle compagnie petrolifere e rivenderlo al mercato nero. Le fuoriuscite di petrolio oltre a inquinare drammaticamente l’ambiente, spesso provocano esplosioni che hanno causato migliaia di vittime.In questa foto: dopo un’esplosione ad Arepo, vicino a Lagos, il 13 gennaio. Akintunde Akinleye (Reuters/Contrasto) Un uomo cerca di spegnere un incendio scoppiato in una raffineria di petrolio clandestina nello stato di Bayelsa, nel Delta del Niger.
Nigeria - reading...
Nigeria: Oil Exploitation, the Environment and Crimes Against Nature Lagos — SINCE the first commercial production of oil in Nigeria in 1956, it has signalled the beginning of a profound transformation of Nigeria's political and economic landscape. Since the 1970s, oil has accounted for over 80 per cent of the Nigerian government's revenue and 95 per cent of the country's export earnings. All of Nigeria's oil and gas come from its Niger delta region which sustains the largest wetland in Africa and one of the largest wetlands in the world. Consisting of approximately 20,000 square kilometres of mangrove forest, fresh water swamp, coastal ridges and fertile dry land forest, seasonal flooding and sediment deposits over thousands of years have made the land in the region fertile.
Nigeria - curators...
On The Road With West Africa’s Fuel Smugglers Lomé, Togo: The journey from the city of Lagos in Nigeria to the Benin-Togo border by boat takes 13 hours on a calm night. At daybreak, wooden boats drop anchor 100 metres off the coast.
The New Kings of Nigeria TIME OUT - Pick of the Day "In the modern city, a prince is only as big as his wallet," reflects Walter, halfway through Storyville's intriguing documentary about Nigeria's 'new kings': the media-savvy, sharp-talking professionals of Nigeria's urban elite. Privately educated in England, Walter has returned to his homeland to reclaim his family's distinguished lineage: his great grandfather Jaja was a nineteenth-century slave who rose up to become a king before being kidnapped by the British. Walter leads us on an enjoyable romp through modern Lagos, where he is making his name as the voice of 'Big Brother Nigeria', and where his money and contacts open up a wealth of opportunities. Scenes of Champagne-quaffing, polo-playing, hard-partying media types juxtaposed with gritty street life speak for themselves... THE TELEGRAPH - Choice
Mobilisation of the Nigerian army against Boko Haram provides both a challenge and an opportunity... Nothing in Nigeria is what it seems. Beneath a confusing, disorderly surface lie networks of association and obligation of which outsiders, and sometimes insiders, are unaware. Boko Haram – more complicated than you think – By Richard Dowden
Why Are You Here? Chimamanda Ngozi Adichie on branding, charity, and class in Nigeria’s schools. Photograph courtesy of Adolphus Opara I came at the wrong time. It was mid-March 2011, a few weeks before general elections, and every surface in Lagos—compound walls, gates, even buses—was covered with political posters. “You came at injury time,” the senior teacher at the government junior high school told me. She was small and well-groomed, her blouse awash in ruffles.
Some Links on the Fuel Subsidy Protests in Nigeria
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The Nigerian Harmattan? In the New York Times, Jeffrey Sachs thinks Nigeria has a historic opportunity… to do more or less what he has been telling countries like Nigeria to do for decades now: liberalize their economies, share the pain, and achieve prosperity. Shock Therapy! “I’ve watched nations on the eve of economic takeoff, in Latin America, Eastern Europe and Asia,” he writes. “Optimism is in the air in Abuja, and for good reason”:
naijablog: The Fuel Subsidy Removal Protests for Dummies On the first day of the indefinite general strike organised by a coalition between two of the largest unions in Nigeria – the TUC and the NLC – and a cluster of smaller unions and social media-based activists and organisations, some external observers have expressed surprise at the intensity of resistance the “Occupy Nigeria” campaign has mounted against the removal of the fuel subsidy on January 1st and the size of the mass demonstrations taking place. From an outside perspective, it might seem like a dust-devil has been whipped up without why in the desert. In case there’s still any confusion, allow me to explain why there is so much anger and resistance. The answer begins with a question: would it be acceptable to citizens of affluent countries that the price of petrol doubles overnight without any warning?
Okey Ndibe Last Saturday, President Goodluck Ebele Jonathan addressed Nigerians for the second time in as many weeks. This time, he attempted a multi-pronged defense of his decision to remove fuel subsidy. It was a woeful failure. My Vote For Subsidy Removal By Okey Ndibe
Nigeria: The case against removal of fuel subsidy and the argument for deregulated petroleum sub sector
In 2007, I had the honour of joining the Archbishop Desmond Tutu African Leadership Fellowship. The excellent Fellowship program is managed by the African Leadership Institute, and now boasts of Fellows who play key roles in various sectors of the African economy – including Nigeria. For me, one of the (many) best sessions, during the program, was Scenario Planning. We looked into the crystal ball based on past events, current trends, future possibilities and our planned input. The result of the various group Scenario Planning sessions stayed with me, but allow me to talk about Africa some other time. When I returned to Nigeria after the twin sessions, and learnt about the scenario planning exercise completed by the African Leadership Institute in partnership with LEAP Africa, I was excited! Nigeria’s Four Possible Futures | Oro
Achebe, Soyinka, Clark urge rethink of subsidy withdrawal Soyinka, Achebe and Clark •Literary giants insist on national conference •Warn against retaliation of Boko Haram attacks Nigeria’s foremost writers have advised the government to pull the brakes on the subsidy removal that has put the nation on edge.
How Is Your Appetite for Political Risk? Part Two -- GuruFocus.com A Basket Approach to Manage Political Risk? A couple of months ago I wrote about a dirt cheap oil producer called Calvalley Petroleum. The original article is here (http://www.gurufocus.com/news/127368/how-is-your-appetite-for-political-risk-calvalley-petroleum-is-dirt-cheap-pt-1). At that time because of the unrest in the Middle East I was finding a lot of oil producers in that region of the world trading at very low multiples of cash flow and discounts to proven reserves. Since I wrote about CalValley it has only gotten cheaper as it is based in Yemen where the political situation is growing even more unstable.
LAGOS, Nigeria—In a series of national elections this month, Nigerians will exercise democratic rights that recent events around Africa—from Egypt and Libya to the Ivory Coast—have revealed as precious. But for many citizens of the continent's most populous country, democracy is often beside the point. State-neglected roads breed traffic and hurt commerce, but in cities, young men plug the gap, selling everything from wine glasses to fresh apples in traffic. Nigerian elections: Technology may not swing the election, but it will prove a point. - By Dayo Olopade