One billion for Nigeria

One of the many things I love about the BBC is that you can focus on a certain region of the world with just a click of the mouse.

So the European Union is going to give $1 billion to Nigeria for a number of different purposes but a large chunk of it will go to the Niger Delta which is “oil-rich and crime-plagued.”  Unfortunately, as with so many places in the world (especially in Africa), Nigeria is awash in corruption.

Nigeria is important for a number of reasons.  It is the third-largest economy and the largest petroleum (primarily oil) producer in Africa.  (Nigeria is even a member of OPEC.)  And the revenue from that oil is supposed to be divided among the people of Nigeria.  But greed and corruption get in the way.  And because of this some Nigerians have taken up arms against the government and the oil companies.  It is clear that something must be done to stop the corruption and the environmental destruction going on in the Niger Delta and throughout Nigeria.

And this is where the European Union comes in, with their one billion dollars.  Almost a third of which will be used to deal with the situation in the Niger Delta.

A billion dollars might seem like a lot of money, but for a country with 155 million people, it is practically a drop in the bucket.  So while the US does give money and other assistance, it is very encouraging to see other parts of the world move to help an area of the world that clearly needs it.

BBC article

Nigeria from Wikipedia

Nigeria from the State Department’s website

Fact Sheet from USAID on US assistance to Nigeria (PDF)

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