RealNews

Oil firms fret over violence in Nigeria

In unrest comparable in scale to Chechnya and Colombia, a year of bloodletting has killed more than 1,000 in the oil-rich Niger Delta — leaving the world’s No. 7 oil exporter, and people here, concerned for the future.Tensions over oil revenues have aggravated ethnic strife. Kidnappings and sabotage have escalated, forcing costly shutdowns by companies pumping crude in the oil-rich swamps of the volatile Niger Delta. Here at Omadino, just the sound of speedboats was enough to send villagers fleeing one day recently. “They were afraid. They just ran away,” said Gabriel Walter, 42, the only resident who stayed to meet visiting journalists. Full Story

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