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Showing posts with the label M.K.O. Abiola

The Only Solution To The Niger Delta Crisis and End Corruption in Nigeria

It would be more beneficial if we analyze the crisis in perspective. Ignorant observers should not mistake the volatile crude oil politics in the Niger Delta for what you read in the newspapers, because it is more than meets the ordinary eye. 1. The Nigerian government is controlled by a plutocracy of kleptomaniacs both in the military, public, and private sectors. 2. Illegal oil blocks have been acquired by both top ranking Nigerian military officers, both the retired officers and those still in active service and their civilian accomplices.. IBB, OBJ, Danjuma, and others have acquired illegal oil blocks. They have saved the fiscal proceeds in various foreign banks, bought properties in foreign lands, and only invested some millions of dollars in Nigerian banks, telecom companies, and other ventures. 3. Illegal oil bunkering started in the 1980s when IBB was in power and corruption and crime were in ascendancy. The proceeds have also been spent on similar ventures mentioned above. 4....