Insecurity continues to rule Nigeria’s oil-rich Niger Delta region

Nigeria’s main oil producing region, the Niger Delta, remains a high risk security zone for the oil majors operating there that count their losses to unrest in hundreds of millions of dollars.

Clashes erupt frequently between the security forces working for the oil companies and local residents, victims of grinding poverty in this southern region of Africa’s most populous country of 130 million inhabitants. In the latest incident, the oil terminal of American oil giant ChevronTeaxco on the Escravos river was invaded on Thursday by hundreds of irate protesters. “Some individuals from the local population have breached the security in Escravos terminal. The incident was reported to the local authorities and it has been brought under control now,” a spokesman of ChevronTexaco in Nigeria, Deji Haastrup, told AFP. Full Story

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