Oil Spill - Gulf Of Mexico $20 Billion, Gulf Of Guinea $0

Author:
First published in Sanctuary Asia, Vol. 30 No. 6, June 2010

 

But since the inception of the oil industry in Nigeria, more than twenty-five years ago, there has been no concern and effective effort on the part of the government, let alone the oil operators, to control environmental problems associated with the industry. - A 1983 NNPC Report.

 

The world has been abuzz since last April with the oil spill in the Gulf of Mexico. A blow out from a well is gushing millions of barrels of crude oil into the sea.

 

Businesses are endangered, the environment is compromised and the seriousness of the issue has been underlined with the numerous visits of the US President Barack Obama to the spill sites.

 

Less than two months after the spill, America has been able to extract a $20 billion compensation for its people over the incident. There are spirited efforts to clean the environment and stronger indications that the $20 billion may only be a preliminary appeasement. Read the full report here.

 

Source: Vanguard, Editorial, allAfrica.com, Nigeria

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