Nigeria

Overseas aid to Africa being outweighed by hefty costs of importing oil

Author: 

Fiona Harvey
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Sub-Saharan states need to move to renewable energy sources as $15bn in aid is outstripped by $18bn in oil imports, says IEA ... Read more about Overseas aid to Africa being outweighed by hefty costs of importing oil

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In Nigeria, a Big Oil Toll

Author: 

ALEXIS FLYNN, WILL CONNORS
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A landmark United Nations study into the long-term environmental impact of oil production in Nigeria says that oil spills have led to acute health risks for area residents and widespread environmental damage that may take as many as 30 years and $1 billion to clean up.

The report released Thursday also shines a spotlight on the activities of Royal Dutch Shell PLC, which for years drilled in the area and which funded the report.

"The oil industry has been a key sector of the Nigerian economy for over 50 years, but many Nigerians have paid a high price, as this ... ... Read more about In Nigeria, a Big Oil Toll

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