Nigeria’s Oil


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?

Part 1

Part 2

This program, featuring Wole Soyinka and Ed Kashi, was broadcast on Al Jazeera on 22 July 2008.

| Print