Nigeria: May 10, 2001

Archives

Disorder in the delta oil region finally stopped operations of a shipping terminal. Protesters broke into the Exxon Mobil terminal and halted shipment of 500,000 barrels a day. Shipments resumed after a day, but not before prices went up on world markets. The terminal generates sales of over $4 billion a year. The protesters were seeking jobs, more economic aid for the communities in the region. For decades, oil operations in the region have caused pollution and little economic benefit for the locals. Since the end of the dictatorship, locals have been more demonstrative in obtaining some benefits from all the oil operations. Little of the oil money has reached average Nigerians, most of it being stolen by government officials. 

 

X

ad

Help Keep Us From Drying Up

We need your help! Our subscription base has slowly been dwindling.

Each month we count on your contribute. You can support us in the following ways:

  1. Make sure you spread the word about us. Two ways to do that are to like us on Facebook and follow us on Twitter.
  2. Subscribe to our daily newsletter. We’ll send the news to your email box, and you don’t have to come to the site unless you want to read columns or see photos.
  3. You can contribute to the health of StrategyPage.
Subscribe   contribute   Close