European oil major Royal Dutch Shell is moving ahead with plans to sell a number of its Nigerian oilfields as it ploughs ahead with planned asset sales.
The Anglo-Dutch firm is leading a consortium that is close to selling a cluster of oilfields that include the Nembe Creek Trunk Line, for around $5bn (£3bn, €3.8bn,) according to the Financial Times newspaper.
The move is the latest attempt by a western oil company to pull out from the restive Delta region and the Nigerian market amid recurring incidents of infrastructure sabotage that have caused billions of dollars' worth of damage.
A deal is expected to be finalised in the next few weeks and the total figure for the sale could still change.
Shell "has signed sales and purchase agreements for some of the oil mining leases but not all that we are seeking to divest", Shell said in a statement. "The assets under consideration are OMLs 18, 24, 25, 29 and the Nembe Creek Trunk Line, but the process has not yet concluded."
Shell has already sold off around $8bn worth of assets this year after it announced plans to sell around $15bn worth of assets through 2015.
Indigenous oil companies have expanded in Nigeria in recent years, capitalising on a government plan to boost domestic control over the oil industry.
Shell has faced long-running criticism from human rights groups over its oil production operations in Nigeria.
The company had not taken effective measures to restore the damaged environment in the Niger Delta after oil production caused contamination of the water there, Amnesty International reported in August.
Yahoo
Related story: Aliko Dangote 'Africa's richest man' plans to acquire Shell assets
Nigeria fines shell $11.3 billion for damages caused in Bonga oil spill
Wednesday, August 27, 2014
Video - Nigerians react to military allegedly fleeing from Boko Haram battle
Reactions have been trailing the action of some Nigerian soldiers who reportedly fled into Cameroon when confronted in a fierce fire fight with militant Islamist sect Boko Haram. Cameroonian authorities yesterday said about 400 Nigerian soldiers fleeing from Boko Haram crossed over into its territory. But the Nigerian military high command says the action of the soldiers was a tactical maneuver.
Related stories: Some Nigerian soldiers refuse to fight Boko Haram until given new weapons
Wives of Nigerian soldiers protest the lack of resources troops have to combat Boko Haram
Schools in Nigeria to remain closed until October in efforts to insure Ebola containment
All schools in Nigeria have been ordered to remain shut until 13 October as part of measures to prevent the spread of the deadly Ebola virus.
The new academic year was due to start on Monday.
But the education minister ordered the closures to allow staff to be trained on how to handle suspected Ebola cases.
Five people have died of Ebola in Nigeria. The West Africa outbreak has centred on Guinea, Liberia and Sierra Leone, killing more than 1,400 people.
It is the largest ever outbreak and has infected an estimated 2,615 people. About half of those infected have died.
The virus is spread between humans through direct contact with infected bodily fluids.
There is no cure for Ebola but with intensive care treatment and proper hydration, patients have a chance of survival.
It spread to Nigeria - Africa's most populous country - in July, when a person infected with Ebola flew from Liberia to Lagos.
Protective clothing 'shortages'
The Nigerian government says it hopes its efforts to contain the virus are working, as there is only one confirmed case of Ebola remaining.
"All state ministries of education are to immediately organise and ensure that at least two staff in each school, both private and public, are trained by appropriate health workers no later than 15 September 2014 on how to handle any suspected case of Ebola," said Education Minister Ibrahim Shekarau.
"And also embark on immediate sensitisation of all teaching and non-teaching staff in all schools on preventive measures," he said.
Meanwhile, the World Health Organization (WHO) has temporarily shut an Ebola testing laboratory in Kailahun in eastern Sierra Leone after a Senegalese health worker became infected with the virus.
There have been 392 Ebola deaths in Sierra Leone, according to the latest UN figures released on 22 August. Kailahun is one of the worst-affected districts and is currently under blockade.
"It's a temporary measure to take care of the welfare of our remaining workers," a WHO spokesman is quoted by the Reuters news agency as saying.
On Tuesday, the WHO said an "unprecedented" number of doctors and nurses had been infected with Ebola which was further impeding control efforts.
Infections were due to a shortage of protective equipment and staff, it said.
Only one or two doctors are available for 100,000 patients in some of the affected countries.
BBC
Related story: Nigeria has successfuly contained Ebola
The new academic year was due to start on Monday.
But the education minister ordered the closures to allow staff to be trained on how to handle suspected Ebola cases.
Five people have died of Ebola in Nigeria. The West Africa outbreak has centred on Guinea, Liberia and Sierra Leone, killing more than 1,400 people.
It is the largest ever outbreak and has infected an estimated 2,615 people. About half of those infected have died.
The virus is spread between humans through direct contact with infected bodily fluids.
There is no cure for Ebola but with intensive care treatment and proper hydration, patients have a chance of survival.
It spread to Nigeria - Africa's most populous country - in July, when a person infected with Ebola flew from Liberia to Lagos.
Protective clothing 'shortages'
The Nigerian government says it hopes its efforts to contain the virus are working, as there is only one confirmed case of Ebola remaining.
"All state ministries of education are to immediately organise and ensure that at least two staff in each school, both private and public, are trained by appropriate health workers no later than 15 September 2014 on how to handle any suspected case of Ebola," said Education Minister Ibrahim Shekarau.
"And also embark on immediate sensitisation of all teaching and non-teaching staff in all schools on preventive measures," he said.
Meanwhile, the World Health Organization (WHO) has temporarily shut an Ebola testing laboratory in Kailahun in eastern Sierra Leone after a Senegalese health worker became infected with the virus.
There have been 392 Ebola deaths in Sierra Leone, according to the latest UN figures released on 22 August. Kailahun is one of the worst-affected districts and is currently under blockade.
"It's a temporary measure to take care of the welfare of our remaining workers," a WHO spokesman is quoted by the Reuters news agency as saying.
On Tuesday, the WHO said an "unprecedented" number of doctors and nurses had been infected with Ebola which was further impeding control efforts.
Infections were due to a shortage of protective equipment and staff, it said.
Only one or two doctors are available for 100,000 patients in some of the affected countries.
BBC
Related story: Nigeria has successfuly contained Ebola
Tuesday, August 26, 2014
Nigeria has successfuly contained Ebola
Nigeria's health minister has insisted the Ebola outbreak has been contained in the country, and said it was working hard with its African neighbors to fight the disease.
Speaking to CNBC on Tuesday, Onyebuchi Chukwu said there was currently only one confirmed case of the disease in the country.
"(Ebola) limited it to one city, Lagos. All the cases so far have occurred in Lagos," Chukwu said. "Nigeria has contained the disease, but that is not to say that we have cured it."
He added that a meeting of the Economic Community Of West African States focused on the Ebola was underway.
In total, the World Health Organization (WHO) has reported 16 cases of Ebola in Nigeria and five deaths since the first case was detected in July. It has previously praised the intensity of Nigeria's search and monitoring efforts of further cases.
Overall, 1,427 people across Nigeria, Guinea, Liberia and Sierra Leone have died of the viral disease as of August 2014, according to the WHO, while 2,615 cases have been reported in the region.
By comparison, the "Swine" flu pandemic of 2009-10 killed over 16,000 people.
This Sunday, the Democratic Republic of the Congo (DRC) confirmed an outbreak of Ebola in the remote village of Boende—about 1,200 kilometers from the country's capital. The DRC's health ministry said this outbreak was unlinked to the one in West Africa and was a different strain of the disease.
There is no known cure for the illness, which in previous epidemics killed around 90 percent of sufferers. The current outbreak has a 53 percent death rate, the WHO said.
Ebola is transmitted to people from wild animals and spreads through human-to-human transmission. Victims often suffer a sudden fever, intense weakness, muscle pain, headache and sore throat. This is followed by vomiting, diarrhea, rash, impaired kidney and liver function, and in some cases, both internal and external bleeding.
CNBC
Related story: International community applauds Nigeria for Ebola containment efforts
Speaking to CNBC on Tuesday, Onyebuchi Chukwu said there was currently only one confirmed case of the disease in the country.
"(Ebola) limited it to one city, Lagos. All the cases so far have occurred in Lagos," Chukwu said. "Nigeria has contained the disease, but that is not to say that we have cured it."
He added that a meeting of the Economic Community Of West African States focused on the Ebola was underway.
In total, the World Health Organization (WHO) has reported 16 cases of Ebola in Nigeria and five deaths since the first case was detected in July. It has previously praised the intensity of Nigeria's search and monitoring efforts of further cases.
Overall, 1,427 people across Nigeria, Guinea, Liberia and Sierra Leone have died of the viral disease as of August 2014, according to the WHO, while 2,615 cases have been reported in the region.
By comparison, the "Swine" flu pandemic of 2009-10 killed over 16,000 people.
This Sunday, the Democratic Republic of the Congo (DRC) confirmed an outbreak of Ebola in the remote village of Boende—about 1,200 kilometers from the country's capital. The DRC's health ministry said this outbreak was unlinked to the one in West Africa and was a different strain of the disease.
There is no known cure for the illness, which in previous epidemics killed around 90 percent of sufferers. The current outbreak has a 53 percent death rate, the WHO said.
Ebola is transmitted to people from wild animals and spreads through human-to-human transmission. Victims often suffer a sudden fever, intense weakness, muscle pain, headache and sore throat. This is followed by vomiting, diarrhea, rash, impaired kidney and liver function, and in some cases, both internal and external bleeding.
CNBC
Related story: International community applauds Nigeria for Ebola containment efforts
Thousands of Nigerians flee to cameroon after Boko Haram attack
Boko Haram on Monday overran a border town in northeast Nigeria, forcing residents and soldiers to flee in the latest indication of the militants' growing ability to strike at will and unchecked.
The attack on Gamboru Ngala came after the town was almost entirely destroyed in a devastating assault in May that left more than 300 people dead and prompted outrage at the lack of military response.
Many residents sought refuge from the latest strike across the border in the northern Cameroon town of Fotokol, where Cameroonian troop reinforcements were sent, a security service source told AFP.
Nigerian soldiers were said to be among the exodus, according to locals and the Cameroon military, who said "more than 450" had fled their posts on Sunday from elsewhere in Borno state in fear of Boko Haram attacks.
Nigeria's military dismissed the claims and maintained that the troops were "charging through the borders in a tactical manoeuvre" when they found themselves on Cameroonian soil.
Several residents who made it across the frontier said the militants had taken over the town after the assault began at about 5:30 am (0430 GMT), with fierce gunfire throughout the day forcing some frightened residents to lock themselves in their homes.
In Fotokol, residents also reported hearing "intense" fighting.
"Boko Haram is in control of Gamboru Ngala. They have taken over the Harmony (military) camp, the police station and the customs barracks near the border," Idris Gwoni said Monday evening, in an account supported by other locals.
"They encountered stiff resistance from the military, who engaged them in gun battle for several hours, but the soldiers were subdued and forced to flee into Cameroon.
"The insurgents have not touched any civilians and allow residents to stay or leave. I decided to leave because I can't trust Boko Haram."
Cameroon said on August 18 that it had closed its vast border with Nigeria to guard against the spread of Ebola, which has caused five deaths in the country's financial capital, Lagos, in the far southwest.
But few believed that Cameroon had the resources needed to seal all the possible crossing points along the roughly 1,600-kilometre (1,000-mile) frontier.
- Seizing territory -
Boko Haram, which has been blamed for more than 10,000 deaths in a five-year-old uprising, has in recent weeks sought to take over a number of towns in Nigeria's Borno state.
The apparent holding strategy is a shift from its previous hit-and-run tactics, which has increasingly targeted civilians and seen whole towns and villages razed.
The group's leader, Abubakar Shekau, declared in a video obtained by AFP on Sunday that the town of Gwoza, southwest of Gamboru Ngala, was now under an Islamic caliphate.
Local officials and residents in Borno say Boko Haram may be in control of a key road that connects Gamboru Ngala to the state capital Maiduguri.
Establishing which parts of the area have in fact fallen into rebels hands is difficult in the remote region, where travel is dangerous and prolonged fighting has hit mobile phone networks.
In Sunday's video, Shekau did not develop his claims about Gwoza being part of the Islamic caliphate.
He has previously voiced his support for the leader of the Islamic State (IS) militants, Abu Bakr al-Baghdadi, who proclaimed himself the "leader of Muslims everywhere" in June. Al-Baghdadi's Sunni Muslim fighters have taken over parts of Iraq and Syria.
Nigeria's military dismissed Shekau's claim as "empty", maintaining that the country's sovereignty remained intact.
But that assertion is in conflict with multiple reports indicating that Boko Haram controls several towns in Borno and at least one in neighbouring Yobe state.
Analysts believe that Boko Haram will attempt to hold more towns in the state in the short to mid-term, with Nigeria's military unable or unwilling to tackle them.
Some Nigerian troops stationed in Maiduguri have refused to deploy to retake Gwoza because of what they say are sub-standard weapons that leave them at the mercy of the better-equipped rebels.
Defence analysts have also argued that Nigeria needs to improve its counter-insurgency strategy and adapt to guerrilla fighting, rather than relying on conventional means.
Others complain of a lack of political will to properly tackle Boko Haram, which wants to establish a hardline Islamic state and whose campaign has targeted schools, churches and government installations.
AFP
The attack on Gamboru Ngala came after the town was almost entirely destroyed in a devastating assault in May that left more than 300 people dead and prompted outrage at the lack of military response.
Many residents sought refuge from the latest strike across the border in the northern Cameroon town of Fotokol, where Cameroonian troop reinforcements were sent, a security service source told AFP.
Nigerian soldiers were said to be among the exodus, according to locals and the Cameroon military, who said "more than 450" had fled their posts on Sunday from elsewhere in Borno state in fear of Boko Haram attacks.
Nigeria's military dismissed the claims and maintained that the troops were "charging through the borders in a tactical manoeuvre" when they found themselves on Cameroonian soil.
Several residents who made it across the frontier said the militants had taken over the town after the assault began at about 5:30 am (0430 GMT), with fierce gunfire throughout the day forcing some frightened residents to lock themselves in their homes.
In Fotokol, residents also reported hearing "intense" fighting.
"Boko Haram is in control of Gamboru Ngala. They have taken over the Harmony (military) camp, the police station and the customs barracks near the border," Idris Gwoni said Monday evening, in an account supported by other locals.
"They encountered stiff resistance from the military, who engaged them in gun battle for several hours, but the soldiers were subdued and forced to flee into Cameroon.
"The insurgents have not touched any civilians and allow residents to stay or leave. I decided to leave because I can't trust Boko Haram."
Cameroon said on August 18 that it had closed its vast border with Nigeria to guard against the spread of Ebola, which has caused five deaths in the country's financial capital, Lagos, in the far southwest.
But few believed that Cameroon had the resources needed to seal all the possible crossing points along the roughly 1,600-kilometre (1,000-mile) frontier.
- Seizing territory -
Boko Haram, which has been blamed for more than 10,000 deaths in a five-year-old uprising, has in recent weeks sought to take over a number of towns in Nigeria's Borno state.
The apparent holding strategy is a shift from its previous hit-and-run tactics, which has increasingly targeted civilians and seen whole towns and villages razed.
The group's leader, Abubakar Shekau, declared in a video obtained by AFP on Sunday that the town of Gwoza, southwest of Gamboru Ngala, was now under an Islamic caliphate.
Local officials and residents in Borno say Boko Haram may be in control of a key road that connects Gamboru Ngala to the state capital Maiduguri.
Establishing which parts of the area have in fact fallen into rebels hands is difficult in the remote region, where travel is dangerous and prolonged fighting has hit mobile phone networks.
In Sunday's video, Shekau did not develop his claims about Gwoza being part of the Islamic caliphate.
He has previously voiced his support for the leader of the Islamic State (IS) militants, Abu Bakr al-Baghdadi, who proclaimed himself the "leader of Muslims everywhere" in June. Al-Baghdadi's Sunni Muslim fighters have taken over parts of Iraq and Syria.
Nigeria's military dismissed Shekau's claim as "empty", maintaining that the country's sovereignty remained intact.
But that assertion is in conflict with multiple reports indicating that Boko Haram controls several towns in Borno and at least one in neighbouring Yobe state.
Analysts believe that Boko Haram will attempt to hold more towns in the state in the short to mid-term, with Nigeria's military unable or unwilling to tackle them.
Some Nigerian troops stationed in Maiduguri have refused to deploy to retake Gwoza because of what they say are sub-standard weapons that leave them at the mercy of the better-equipped rebels.
Defence analysts have also argued that Nigeria needs to improve its counter-insurgency strategy and adapt to guerrilla fighting, rather than relying on conventional means.
Others complain of a lack of political will to properly tackle Boko Haram, which wants to establish a hardline Islamic state and whose campaign has targeted schools, churches and government installations.
AFP
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