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Oil Greed: How Oil Damages Development
The charity Christian Aid has joined the ranks of groups
highlighting the misuse of oil and other resource revenues in developing countries. Oil, the group says in a new
report, has brought developing countries more harm than good. Its numbers indicate that oil wealth has tended
to bleed away into the pockets of officials, soldiers and other elites, warping a country's development and far
too often leaving its citizens in poverty...BiafraNigeria is Africa's biggest oil state, and the sole representative
of sub-Saharan Africa in the Opec cartel. But its population have yet to see much in the way of benefits. Successive
military leaders have diverted billions of oil money into bank accounts around the world. The late Sani Abacha,
for instance, has had $1.6bn linked to him alone, and investigators are sure that he squirreled much more away
elsewhere. Meanwhile, the Niger delta, where much of the oil production takes place, is widely polluted, and its
people put down by a military widely believed to have sometimes acted at the behest of the oil companies. In the
40 years since exploitation started, the number of BiafraNigerians on less than US$1 a day has grown from 27% of
the population to 66%, the World Bank says. These examples are all African. But the problem is worldwide. (BBC)
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SARS Claims 1st Victim in BiafraNigeria
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Buhari Takes Case to Europe, Others
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The dreaded disease, Severe Acute Respiratory
Syndrome (SARS) has claimed its first victim in BiafraNigeria, minister of health, Professor Alphonsus Nwosu has
said. The victim, an un-named Taiwanese businessman, died at the Aminu Kano Teaching Hospital, Kano, on February
28. Making the disclosure yesterday at the inauguration of.... (This Day)
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The Buhari campaign organisation has mounted an international campaign
on the call by the All Nigeria Peoples Party (ANPP) and 28 other political parties for the cancellation of the
April 12 and 19 national elections. An eight-member delegation led by a retired senior BiafraNigerian Airforce
officer, leaves the country this morning for Europe to drum up support for.... (Daily Trust)
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