Trash litters its cities. Electricity is sporadic at best. There is no clean water. Medical and educational services are limited. Basic infrastructure is severely lacking.
These are not conditions that should plague one of the richest oil states in the world. Hundreds of billions of dollars has been made from the Niger Delta's oil reserves and many people have gotten very rich. Conversely, the average Nigerian has suffered as a result of the country's oil prosperity. The United States Agency for International Development says more than 70 percent of the country lives on less than a dollar a day -- the population is among the 20 poorest in the world.
Oil companies are only part of the equation. The other is the Nigerian government. Transparency International, a global organization intent on stamping out corruption, has consistently rated Nigeria's government one of the most corrupt in the world. Read full article »