Thursday, June 29, 2017

Widows sue shell for complicity with Nigerian military

The widows of four men executed by Nigeria's military regime in 1995 are suing oil giant Shell for alleged complicity in a military crackdown.

The civil case, filed in The Hague in the Netherlands, argues that the company provided support to the army, which ultimately led to the executions.

Shell has repeatedly denied the claims.

Ken Saro-Wiwa was the best known of the nine men executed. He led protests against the environmental damage caused by oil production in the Niger Delta.

The latest case against Royal Dutch Shell has been filed by four of the wives of the men - political activists known as the Ogoni nine - and is supported by Amnesty International.

The women are seeking an apology and unspecified compensation

'Regret'

In response Shell - the largest oil producer in Nigeria - said that it "did not collude with the authorities to suppress community unrest and in no way encouraged or advocated any act of violence in Nigeria."

"The executions of Ken Saro-Wiwa and his fellow Ogonis in 1995 were tragic events that were carried out by the military government in power at the time. We were shocked and saddened when we heard the news of the executions.

"The Shell Petroleum Development Company of Nigeria Limited appealed to the Nigerian government to grant clemency. To our deep regret, that appeal, and the appeals made by many others within and outside Nigeria, went unheard.

The hanging of the men provoked an international outcry, and remains one of the most sensitive cases in Nigeria.

The oil giant has faced lawsuits in various countries relating to the executions.

Eight years ago, it agreed an out-of-court settlement in the US to pay more than $15 millon to a group of the men's relatives.

Shell has also faced lawsuits over oil spills and environmental damage in the Delta region.

Wednesday, June 28, 2017

Video - Dropping oil prices threaten spending in Nigeria



In Nigeria, the drop in oil prices threatens financing of the country's budget. Global prices have been dropping as a result of increased shale production. The West African country relies heavily on revenue from oil to fund a significant portion of its budget.

Video - Skaters show off skills in Lagos, Nigeria



There is a growing interest in skateboarding and rollerblading in the Nigeria city of Lagos. An organization called Waffles N Cream, is working on making the activities a more recognized sport in the country. Over the weekend it held its first tournament for skaters to show off their skills and thrilling stunts.

Tuesday, June 27, 2017

Video - Nigeria expects to raise over $1 billion in tax amnesty program



The Nigerian government expects to raise more than 1 billion dollars in a tax amnesty program that encourages individuals and companies to clear unpaid bills by the end of this year. The funds raised will enable the West African country to reduce its borrowing needs, allow investment in vital infrastructure and spur development according to the government. Nigeria plans to increase spending this year by 21% to 22.8 billion dollars. The fiscal plan requires funds to help the oil producer plug a deficit the government expects will amount to about 2.2% of GDP. Tax evaders in the country are subject to imprisonment of up to five years, payment of penalties of up to 100% of tax owed, plus a compound interest rate of 21 percent per year as well as forfeiture of assets.

Video - Nigeria's education sector allotted 10% Of 2017 budget