Skip to main content

- Nigeria's Oil - Part 2

Awash in oil, yet its people, for the most part, are destitute. Nigeria discovered "liquid gold" half a century ago and today is the world's eighth largest oil exporter. But the country is plagued by corruption, inefficiency, underdevelopment and an uprising in its Niger Delta -- the area where most of its oil reserves are located. So why, some 600 billion dollars later, are Nigeria's people still among the poorest in the world? Is it the 'resource curse' or something more?

Popular posts from this blog

video--Lesotho First Lady Maesaiah Thabene charged with murder | DW News

The first lady of Lesotho has been arrested on murder charges, over the killing of the first wife of her husband, Prime Minister Thomas Thabane. Lipolelo Thabane was gunned down outside her home in June 2017.
Read more

Kate Kainja passes away

Nyasa Times "Minister of Women and Child Development Kate Kainja-Kaluluma has passed away in United Kingdom. “Indeed Hon Kate Kainja Kaluluma has died,” confirmed family friends in London. The 57-year-old minister was admitted to a North England hospital – York Hospital. Diplomatic sources at Malawi High Commission in London have said arrangements are being made to send her remains to Malawi. Kainja who was Dedza South West Constituency parliamentarian flew to United Kingdom for medical attention after a long-illness. She is survived by a husband, Emanuel Kaluluma and three children."
Read more