oil companies

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    Metro Militants Issue 14-Day Ultimatum For Oil Companies To Vacate Rivers

    A group of former Niger Delta militants known as the Ekpeye Liberation Group has issued a 14-day ultimatum to oil companies operating in Ekpeyeland, Rivers state, to vacate the state or face massive vandalisation of their assets. The group also claimed responsibility for attacks on Well 5 in...
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    Metro Nigeria Ain't Broke, It Just Needs To Fix Its Tax System [TheGuardian]

    In face of the economic hardship and global crisis, various reports indicated that Nigeria has lost billions of dollars because of the 10-year tax break given to Shell, Total and Eni, three of the world’s biggest oil and gas companies. That staggering $3.3bn (£2.3bn) revenue loss, in a country...