Oil a blessing and a curse for Nigeria’s Niger Delta
04 March 2022 | 10:17 am
Oil from the Niger Delta region has brought Nigeria great wealth as well as devastating pollution. Spills from oil pipelines have damaged the environment, the livelihoods and the health of the residents. DW’s Fred Muvunyi reports from Ogoniland.
Traditionally, growing avocados requires lots of water. But entrepreneurs in Nigeria are attempting to grow them in a new water-saving and sustainable way by using drip irrigation systems and recycling water.
Nigerian civil servant and mother of four Grace Ekang has been having chest pains lately, and when she sneezes, black stains appear on her handkerchief. Inside her house in the Rivers state city of Port Harcourt, Ekang has noticed that the soot gathering on her floor is getting heavier. She and other residents blame this on illegal, makeshift oil refineries scattered across the Niger Delta.
Peru's government says an oil spill off the country's coast is twice as big as previously reported. 12,000 barrels of oil leaked into the sea at a refinery owned by the Spanish oil company Repsol. Lima has demanded compensation.
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An oil vessel that exploded off the coast of Nigeria this week had not been maintained for some time and had technical issues, two sources and an environmental group said on Friday. as its wreckage lay in the sea after the fire was put out. The 10 crew members on board at the time of the explosion on Wednesday remained unaccounted for.
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Here are a few reasons to pick up a copy of The Guardian on Saturday. Find these stories and much more when you grab a copy of The Guardian on Saturday.
Nigerians celebrated the homecoming of Benin bronzes pillaged during the colonial era. It comes as African leaders are pushing for the restitution of the artifacts from Europe.
Russia's move to recognise the breakaway Ukrainian regions of Donetsk and Luhansk has sent ripples through global markets on Tuesday, with falls across Asia, and in early trading in Europe. Oil prices also jumped, with the international benchmark Brent Crude hitting its highest level since mid-2014. Investors are now focusing on which sanctions the United States, the United Kingdom and the European Union might impose on Russia in response.
Global stock markets have taken a beating as investors rush for safe havens amid an escalation in geopolitical tensions over Ukraine. Russian stocks and bonds as well as the ruble are among the biggest losers.
Victoria Scholar, head of investment at Interactive Investor, says the geopolitical volatility and limited supplies mean oil prices will continue to rise and are likely to pass well beyond the symbolic $100 per barrel level.
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