10 Sep '11, 8pm

Shell Finally Coming to Terms with Years of Nigerian Oil Spills

Shell Finally Coming to Terms with Years of Nigerian Oil Spills

Shell’s history in Nigeria is a long and incredibly complex one. Although the company was not the first one on the scene when oil was discovered in Nigeria in the first half of the 19th century, the company has been there longest (save for a brief respite during the Ken Saro-Wiwa trial and hanging). There have been many instances of environmental damage, which the company often claims was a result of looters and rebel groups through illegal bunkering (in some instances true) and many human rights violations including silencing witnesses in the few cases that have become public. The biggest issue has been the long-time gray area between the actions of the Nigerian government (mainly a military dictatorship until 1999) and Shell, mainly as a result of the Shell Petroleum Development Company (SPDC). The World Bank believes the Nigerian government has embezzled $400-$500 billi...

Full article: http://inspiredeconomist.com/2011/08/04/shell-finally-com...

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