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Article

24 Mar 2004

Author:
Tom Ashby, Reuters

Poverty grinds against oil wealth in Nigerian delta

...the Niger delta, where annual oil output is worth $20 billion, but where many live without access to clean drinking water, basic health care, or schools...The situation does not bode well for the foreign investors in Nigeria's bountiful oil reserves, including Royal Dutch/Shell, ChevronTexaco, Agip [part of ENI], ExxonMobil, and Total...