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It is principally a profit region of Royal Dutch Shell, of course, through a conglomeration of subsidiaries and shell companies (NNPC, TEPNG, and NAOC) designed
by fit2rule 6y ago
It is principally a profit region of Royal Dutch Shell, of course, through a conglomeration of subsidiaries and shell companies (NNPC, TEPNG, and NAOC) designed to prevent the world from knowing the truth about the wealth being extracted from the Nigerian people.
The Dutch oligarchs, as well as their Royal family, are the ultimate beneficiaries of the turmoil in that region. They finance MEND, who showed up in 2006, 7 years after Royal Dutch was kicked out. TEXACO, Howard Energy - all the standard Western blood oil players are waiting in line for their share. (Blood oil is a Western game. The oil won't be nationalised, those who rule Africa from afar will never allow this to happen.)
There are also, of course, second-level groups perpetuating the violence to reap profits:
"While Niger Delta youth may handle the local tapping and loading, international players from Eastern Europe, Russia, Australia, Lebanon, the Netherlands, and France all play roles in financing, transporting, and laundering the money associated with blood oil. One money trail followed a path from Senegal and Côte d’Ivoire through French banks and French credit agencies to Syria and Lebanon. It also now appears that Nigerian Lebanese (those of Lebanese descent, born or naturalized in Nigeria) are heavily involved in the business, especially those with good political connections. Similarly, many top Nigerian politicians and military officers, both serving and retired, are said by internal sources, such as the army chief of staff, to be actively involved in the large-scale bunkering business."
https://www.usip.org/sites/default/files/blood_oil_nigerdelta.pdf https://www.usip.org/sites/default/files/blood_oil_nigerdelt...