Monday, February 06, 2012
Add this page to Blinklist Add this page to Del.icoi.us Add this page to Digg Add this page to Facebook Add this page to Furl Add this page to Google Add this page to Ma.Gnolia Add this page to Newsvine Add this page to Reddit Add this page to StumbleUpon Add this page to Technorati Add this page to Yahoo


ideas have consequences

You are here:Home>>All Expert Articles>>Displaying items by tag: Niger Delta
Displaying items by tag: Niger Delta
Wednesday, 18 August 2010 22:24

Oil spill in Niger Delta

Nigeria can learn from US oil spill response

 

During the Offshore Technology Conference held in Houston, Texas, a seminar was organized by Energy and Corporate Africa on Oil and Gas exploration in Africa. Afripol‘s Principal Policy Strategist, Emeka Chiakwelu presented a paper on ‘Affects of oil spills in Niger Delta and Africa’ on the second day of the conference.

African government officials including senior governmental bureaucrats from Nigerian presidency (Aso Rock) were in the conference. It happened that on the day of the presentation was the initial stage of the Gulf of Mexico oil spill. Afripol’s representative used the spill as point of reference and as a lunching pad to elaborate on Niger Delta continuous massive spill, thus drawing on their similarities and inaction in Nigeria.

The penetrating scope of the paper presentation might have made Aso Rock officials unease but the presentation was spiking vitality and highlighting the significance of the government, the affecting community and oil companies working together to arrest the oil spill menace. The synergy can be realized by having a Standard Operating Procedures (SOP) and efficient coordination for oil spill response and subsequent remediation when it became necessary.

The mountainous and sheath flow oil spill in Gulf of Mexico almost wrecked the livelihood of communities living in the region. The maritime life has received a devastating damage, the aquatic organism and its ecosystem may never be same again. Put it this way, it will take a long time even more than a century before the Gulf of Mexico will return to normality. The damage to the communities and ecology cannot be quantified only in monetary values, without adding the psychological, well being and pristine nature’s deformation of the area probably for ever.

But in spite of all that happened there are still things that we all can learn from the sad episode. The governance and the peoples of developing nations that are confronting the issue of oil spill in consummative level to the Gulf of Mexico spilled can learn from American people and the government. In Nigerian region of Niger Delta that produced most of the oil that made Nigeria the sixth producer and exporter of crude oil, the waters and ecosystem have continuous oil spill in large scale since oil was discovered in the region for the past 50years.

Niger Delta pristine environment has been decimated by oil spill at a scale bigger than that of Gulf of Mexico, which was approximated at a discharged of 2.5 millions gallons daily. According to a recent piece from New York Times: "As many as 546 million gallons of oil spilled into the Niger Delta over the last five decades, or nearly 11 million gallons a year, a team of experts for the Nigerian government and international and local environmental groups concluded in a 2006 report. By comparison, the Exxon Valdez spill in 1989 dumped an estimated 10.8 million gallons of oil into the waters off Alaska."

The influential British Broadcasting Corporation (BBC) reported that "On 12 May 2009, Shell's Bomo manifold blew up, leaking massive amounts of crude. Local people say 39 hectares were contaminated. A second leak - from a derelict oil tap - had already been continuously spilling oil for years. But, according to the Nigerian government, there were more than 7,000 spills between 1970 and 2000. Environmentalists believe spills - large and small - happen at a rate of 300 every year." All these are showing that oil spills and environmental degradation at Niger Delta were massive and more often than were documented.

The sad story is that poverty in Niger Delta has been enhanced because the source of livelihood which comes from fishing and agriculture has been destroyed by these continuous oil spills in the area. One thing must be clear; this is not the time to point accusing fingers to one another. It is the time for the people of the area, government and the big oil companies to work together. Nobody can deny this, the revenue generated from export crude oil has been enormous but enough resources have not been invested in the region. But gradually the present administration has been rising to challenge of re-writing the wrongs of the past.

Nigerians can learn from Americans on the protection and the defense of the environment. First and foremost, we can be begin to get into our head that the big oil companies can not just abandon the government to carry out the responsibility of ecosystem oil cleanup and remediation. The oil companies have the utmost responsibility of keeping the area in the good shape as they found it. With the natives source of income being diminish the oil companies should find a way to compensate these communities. Nobody is suggesting that the oil companies should empty their savings and profits to the affected people but to acknowledge the sufferings of the poor and helpless people.

Inasmuch that we are grateful that the oil companies are investing in Nigeria, they must not behave in way that only Nigeria is gaining from the business venture; the oil companies are making large amount of profits too. Intrinsically there must be symbiotic relationship where nobody is left behind but everybody is matching to a tune of one beat. Oil companies doing business at Niger Delta must be willing to sincerely work with people not just for sake of public relationship but to make a difference.

We can learn from America about the empowerment of the community and citizens. Instead of the local communities of Niger Delta destroying oil infrastructures and kidnapping people they must come to table for negotiation equipped with practical solutions. The local environment activists must subscribed to non-violence and will only encourage peaceful demonstrations and outings.

The government and the people must speak with one voice not to intimidate the oil companies but speaking with a sensibility to promotes peace, understanding and harmony between the people of Niger Delta and the oil companies.

Spill Prevention and Response Measures

Being prepared and ready is the key. The most significant thing is the making provision of the materials and information needed to confront oil spill. The government of Nigeria has the supreme task of defining and elucidating in details her responsibilities to oil companies when oil spill occurs. The congress will pass a bill that empowers the presidency to supervise the cleanup and enforcements of cleaning oil spill. The bill or the passed law must enumerate how the cost of the cleanup will be shared and the enforcement procedures with regards to penalties and fines when necessary.

Chiakwelu said, "Nigerian lawmakers have a role to play on the issue of the oil spill. The legislators should introduce a bill and pass a law that is fully adequate and comprehensive on spill response and clean up. The propose bill will stipulate the roles of government agencies, oil companies and the community. The bill will come with implementation procedures and penalties for inaction and neglect."

The law must not be source of intimidation but an enlightenment process and procedure that discourage irresponsibility and incompetence. The government of Nigeria will create a symbiotic relationship with the oil companies that will generate a synergy of competence, responsibities and mutual respect.

Nigerian government will not shoulder all the responsibilities nor transfer them to the oil companies. But a shared responsibities must be eminent and adhered to. Oil companies must not abandon oil spill clean up to the government, after all Nigerian government does not have the scientific equipments and the technical know-how for cleaning oil spill. The most important is to be precautious, to clean oil spill and to maintain the integrity of the ecosystem.

 

 

 

 

 

Witney W. Schneidman, an adviser on African affairs to President Barack Obama during the Presidential campaign spelled out Obama's cardinal policy objectives for Africa:

"Barack Obama will pursue three fundamental objectives on the continent. One is to accelerate Africa's integration into the global economy. A second is to enhance the peace and security of African states.
And a third is to strengthen relationships with those governments, institutions and civil society organizations committed to deepening democracy, accountability and reducing poverty in Africa."

( http://www.afripol.org/Obama.htm)

Nigeria is the epicenter of African geo-politics, therefore a stable, healthy and prosperous Nigeria is good for Africa and the world. Nigeria is the most populous nation in Africa: Politically, culturally, economically and otherwise, resourceful South Africa notwithstanding, Nigeria overwhelms the continent. Nigeria is unique in Africa in the sense, that it has the requisite human and natural capitals to be making waves in economic development and scientific advancement in Africa. But intellectual lethargy especially the paucity of confidence embedded with self-doubt have dimmed its emerging light.

Nigeria’s nascent democracy is gradually losing its luster and vibrancy due to the tilting to plutocracy and institutional disfiguration, impelled by uncompromising politicians. For Nigeria to continue to be a front line nation in Africa, it must put her house in order. A strength tempered with humility with a responsibility to her continent must be Nigeria’s targeted self actualization. President Obama must shun all the diplomatic shenanigans and niceties and be forthright with Africa’s leadership and compel them to amend their ways and maximize their continent’s God giving potentials.

Peace and conflict resolutions

Nigeria must have quantifiable peace to enjoy steady economic progress. The most pressing is the issue of Niger Delta. Although Nigeria territorial integrity must be respected, Obama administration can work with Nigerian government providing logistic and confident building measures in negotiations with neglected communities in Niger delta. Also, The Obama administration must work with African Union in finding solutions to the cessation of conflicts and wars in the continent. Wars (especially internal strife) are ubiquitous in the continent. Some African governments and warmongers commit their resources to executing endless wars. The West must frown upon the sell of arms to these parties by checkmating their natives arms industries.

Africom as a security tool                                                                                                                                                                                 Africa is confronted with lack of internal security which becomes a deterrent force in economic advancement. Capital flight and low foreign investment are precipitate and ramification of insecurity.
With President Obama enormous social and political capital, he can do a better public relationship job of explaining and restreaming Africom.: Justify, Redirect or End it.

American government have set-up Africom - a military command for Africa, which is to secure peace and goodwill in Africa. Many African countries are skeptical of America’s real intention, fearing that Africom can become a tool to punish America’s foes in the region in the name of fighting terrorism. The unexpressed fear is that it could be used to control and manipulate internal policies and status quo of African nations.

America have to work succinctly to assiduously allay their fears and show to them the benefits of Africom. This must be done with goodwill and civility while respecting African territorial integrity . Peace and tranquility are good for business for all the parties concerned which can be achieved through dialogue and understanding. To this end, American diplomats in Africa have to embark on thorough enlightenment campaign.

Respect for Human Rights

The building blocks of democracy are liberty, freedom and justice. Nigeria cannot be democratic nation without liberty. Nigerians must live in the system of government that encourages freedom and justice. The respect for fundamental human rights must be instituted and adhered to; an environment that provides self-help, self-improvement and self-innovation must be encouraged. Only freedom can make these things possible and make free enterprise a reality, so that free people can create wealth and advance human dignity.

The Obama administration must encourage and support governance that accommodates checks and balances in Nigeria and indeed Africa. This will in turn provide accountability and respect for the populace. What Africa needs mostly include, elimination of dictators and socialist regimes, establishment of virile/free political platform and economy, rule of law and respect for individual rights. All these things do border on fundamental issues which foreign aid alone cannot redress. Until these issues are properly put right, the story of the optimum utilization of these billions of dollars from foreign aid will always remain a mirage.
 

Anti-corruption campaign and legislation
President Obama as the leader of the free world must support corruption elimination in Nigeria and Africa by helping local and international entities serious on the war against CORRUPTION in Africa. The responsibility of fighting corruption is too complex and gigantic to be left for one party. Both Africa and West must partake in the fight against corruption. The West must enact banking laws that will fish out bankers that accept laundered money and tainted wealth from corrupt African leaders and bureaucrats. Ill-gotten wealth must be returned to Africa without much ado, while the culprits must be exposed and prosecuted.

The West must work together with African governments on the war against corruption and bribery. Corporations and Transnational companies operating in Africa must not induce politicians and bureaucrats by bribes in their quest for contracts.
" African Union estimates that the continent loses as much as $148 billion a year to corruption. This money is rarely invested in Africa but finds its way into the international banking system and often into western banks. The proceeds of corrupt practices in Africa, (which the African experts group recommended in 2002 should be classified as a ‘crime against humanity’ because of its impact on ordinary people), are often laundered and made respectable by some of the most well known banks in the City of London or the discreet personal bankers of Geneva and Zurich."

Fair Trade for all Parties
The Obama administration must encourage fair and equitable trade with Nigeria and Africa. The giving of aid must not be the only means to defeat poverty and alleviate quality of life in Africa. Nigeria must be encouraged to rely less on oil but to diversify her economy.

The promotion of trade can be possible when concessions are made to emerging industries in Nigeria and Africa. The West can improve technological developments by investing in areas of science and technology that can sharpen the technical-know-how in the continent.

Obama’s America and the West must stand for fair trade at the World trade organization by conscientiously removing agricultural subsidies given to their own agricultural sectors that adversely affect the traffic of commodities from Africa.

Obama administration must not spoon feed Africans with depreciating aid and charitable donations but also compel them to comprehend that only trade and comprehensive reforms can be the panacea to poverty in Africa. Strategically, a wealthy and stable Nigeria can be a stabilizing force in Africa, and a wealthy Africa will apply her resources in resolving conflicts throughout the continent.

Mr.Emeka Chiakwelu is the Founding director/Principal policy strategist of Afripol Organization.Africa Political and Economic Strategic Center (Afripol) is foremost a public policy center whose fundamental objective is to broaden the parameters of public policy debates in Africa. To advocate, promote and encourage free enterprise, democracy, human rights, conflict resolutions, transparency and probity in Africa.

 

Published in Archive

CAMAC Energy Inc. (NYSE Amex CAK 3.97, -0.18, -4.31%) US publicly traded Energy Company that primarily engaged and focused on strategic development of oil projects by singular and multilateral operations. The market capitalization of the formerly Pacific Asia Petroleum Inc is about 632.1 M and the stocks have been hovering slightly below or above $ 4.00 momentarily.

With the market prospect of Camac Energy Inc, the stocks are highly recommendable for a diversified portfolio especially at this time in the global economy and the stocks are likely to appreciate in near future. The stocks which traded without much exposure at OTC bulletin board as Pacific Asia Petroleum is now a listed company at AMEX and NYSE as Camac Energy Inc after acquiring principal assets in the Oyo Oilfield. With its superior management team and implementable strategies it can grow to become a mid cap or even a large cap energy company at a faster pace. Superior management as an invaluable human capital can be an antidote to mistakes and bulwark to unforeseen circumstances and risk management.

Camac Energy Inc has opportunities for advancement and growth because of its holdings particularly in West Africa and China oil fields. Moreover the management has high quality individuals who have been in oil business for long time with enviable experience. The human capital can be leverage for advancing the energy company. The beginning of standard & Poor’s Factual Stock Report coverage comes with a credit rating that will enhance accountability and transparency, thus affirming optimum confidence in the company.

In Nigeria, Camac energy’s " principal assets include the Oyo Oilfield, an offshore oil asset in deepwater Nigeria that started production in December 2009; the Zijinshan Gas Asset, a 100%-owned gas asset in the Shanxi Province, China; and the Enhanced Oil Recovery and Production business in Northern China."

With its footing in west Africa, Camac Energy Inc may not only have to rely only its operation in Oyo Oilfield but it can also bid for oil exploration licenses in Nigerian deep waters and off shore. In Nigeria the risk of political tension and disturbances in Niger Delta is slowing down and it can minimize the political risk by bidding for off shore drilling. In China, Camac Energy with its subsidiaries can explore more oil fields in negotiated partnership with the authorities of provinces in the country.

The quantum development of Energy Company entails high intensive capital and lot of patience and prudence. This is where the experience and management acumen of quality individuals including the company’s President and CEO, Frank C. Ingriselli and Dr. kase lawal, a board member of the company, The chairman and Founder of Camac International Corporation comes handy.

Dr. Kase Lawal as a strategic asset

kase Lawal, Chairman of Camac Energy Inc has a strategic experience in global oil business, his dealings and undertakings in the world of oil deals can help propel Camac Energy Inc to greater heights. The management skill of the CEO Frank C. Ingriselli has been noted and enhanced since his touch of guidance he gave to the formerly Pacific Asia Inc until it became Camac Energy Inc and his invaluable experience as the former president of Texaco international. Lawal and Ingriselli intellectual synergy is a solid foundation.

Dr. Kase Lawal has a good and solid track record in company development and management. He has not been exempted from risks and mistakes associated in the business world but he has a sustainable quality that aided him to triumph over hiccups. He is the Founder/chairman and chief executive officer of CAMAC International Corporation and chairman of Allied Energy Corporation. The managerial prudence, business touch and guidance he utilized as he continued to develop his CAMAC Holdings can become a great asset to Camac Energy Inc. Kase Lawal as board member of Camac Energy Inc may not manage the daily business activities of Camac Energy Inc but his strategic input from his long accumulated experience can become an essential building block to the company.

Reorganization as inevitable tool for growth

Camac Energy Inc needs middle managers who are willing to work hard and provides the strategic compass for the company’s growth. These managers must be willing to take calculative risks and willing to feel the pulse of the shareholders. Reorganization enable a company to adapt to dynamics of the market place and able to compete effectively in the high energy of oil exploration and development.

Camac Energy Inc has good people in management including the recently new CFO Abiola Lawal, an erudite and intelligent manager. Mr. Abiola Lawal has been among the pillars of Oando Plc from where he came to joined Camac Energy, his strategic endeavors at Oando Plc speaks volume of his vision and skill. He brings the strategic depth to bear to the new position.

Camac Energy Inc is poise for growth and advancement but it must be prepare and ready for the challenges and opportunities in this competitive arena of oil’s exploration and production.

Afripol Organization. Africa Political and Economic Strategic Center (Afripol) is foremost a public policy center whose fundamental objective is to broaden the parameters of public policy debates in Africa. To advocate, promote and encourage free enterprise, democracy, sustainable green environment, human rights, conflict resolutions, transparency and probity in Africa.

www.afripol.org

 

The incessant kidnapping of foreign oil workers in the Niger Delta area of Nigeria by the militia especially MEND (Movement for the Emancipation of the Niger-Delta) is an epitome of an unfinished business and colossal negligence of the people of Nigeria by the various governments that has ruled the nation. Nigeria is the most populous African nation, and Africa’s largest producer of oil. It has remained an unfathomable irony that with the massive oil revenue, an average Nigerian still lives in squalor with less than two US dollar (US$2.00) a day.

With the huge oil wealth earned by the nation, Nigeria is supposed to be developed more than what it is today. With huge unemployment rate, debts (the outgoing regime of Obasanjo incurred $3.2 billion debt), and lack of infrastructures – good roads, electricity, hospitals, pipe borne water, industries and total negligence of the rural areas; one would wonder where has the petro- naira wealth gone to? Definitely, the wealth is shared among the few that ruled the nation and their collaborators (foreign and local).

The trouble at the Niger Delta began in the late 1980’s as various youth groups started agitating for employment and contracts from the oil companies. Similar to various rural areas in Nigeria, the Niger Delta villages are without government presence in terms of job provision and economic empowerment. With the deteriorating economic situation and itching poverty that plagued the Nigerian families especially those in the rural areas many of them where unable to send their children to primary schools not to talk of universities. This significantly disqualified them from applying and not to talk of obtaining jobs from the oil companies whose requirement for employment was for candidate to have first class honors or summa cum laude. While these rural youths were unable to obtain the high profile jobs, some of the oil companies contracted out the provision of unskilled labor to vendors who were either connected to the government or claimed to represent their community while they were only out to satisfy themselves to the detriment of their people.

Those in power in Nigeria were busy enriching themselves with the oil proceeds, building strong relationship with the oil companies and never cared to look into the plight of their people especially were it concerns building industries, schools, roads, providing electricity and good drinking water in the rural areas. It is proper to emphasize that some of the oil companies tried in their various social objectives to assist various communities in the Niger-Delta, but one of their major mistake was to rely more in building business relationship with some dubious elements that ruled the country and not creating synergy with the communities the operated. Most of the time the oil companies prefered to deal with lobbyists - the so called community leaders that claimed to represents the communities, bribing them with huge sum of money and at the end incurring the wrath of the people who remained with nothing.

This year alone about 100 foreign oil workers have been kidnapped in the turbulent Niger Delta region of Nigeria. Among the oil workers abducted, 13 are still under captivity. What started microscopically in the late 1980’s as protest whereby youths from the oil producing towns will carry placards and block the gates of oil companies demanding for jobs and contracts, continued to grow in turbulence from where youths would go to flow stations and rigs and disrupt operations of the oil companies and to what has escalated into militants attacking, bombing oil facilities and kidnapping foreign oil workers for a ransom. While this growth of agitation and dissatisfaction was shown by the youths of this various NigerDelta areas was culminating, the Nigerian government unable to find resourceful ways to nip it at the bud, control, pacify and fairly do what was right for the nation, the oil companies and the under-developed Niger-Delta whose environment has significantly been affected by the oil exploration and production operations.

The increasing rate of kidnapping of oil workers in the Niger-Delta does not only speak of the desire of the people in that area to have control over their resources, it shows a spiral effect of utter negligence by the various Nigerian governments to develop the nation thereby making the people to rise and take laws in their hand, however, the approach may be wrong. It also epitomizes a hungry people who lack meaningful way to eke a living. If there are to be industries and firms to employ this youths and they have gainful employment from where their daily needs will be catered for; those militants won’t be seen snaking around the creeks. If there are to be provision of free education, quality and subsidized educational system, most of the youths will prefer to stay in citadels of intellectualism and drink from the fountain of knowledge which will afford them better live. To show what poverty and hunger has to do with the various kidnapping in the Niger Delta; it is common that many of those kidnapped in the Delta are seized by armed gangs who demand for ransom and often release their victims unharmed once they receive payment.

The kidnapping of foreign oil workers in Nigeria is affecting the production of oil in the country and will seriously hamper its economy. Oil is the main base of the Nigerian economy and many oil companies are pulling out and stopping operations in the Delta region. The same problem is affecting the world oil market where Nigeria is a major player and the producer of Bonny light crude oil which is the best in the world. The price of oil per barrel is now up to $70.00.

The ever brewing storm in the Niger Delta is affecting the international image of Nigeria and deterring serious investors from moving into Nigeria. Coupled with the just concluded presidential election which was riddled with various irregularities many foreign investors are still worried and uncertain if a new government will be able to take over office on May 29, and what will be the direction of the new government if it ever comes into place. Recently, the Nigerian government auctioned 45 oil exploration licenses, but had little or no big Western Oil firms in the bidding. The bidding lacked luster, was dominated by mostly Chinese, Indian and small, emerging, local oil companies.

Therefore, if Yar’Adua the president-elect successfully assumes office on May 29, the problem at the Niger Delta and the general development of Nigerian rural areas need to be of priority to his government. He must endeavor to give Nigeria a new face as a nation ready to improve the standard of living of his people, while promoting peace, law and order.

Published in Sunny Oputa

It was hard to believe BP when it announced oil had stopped gushing into the Gulf of Mexico on Thursday, July 15. It had taken 87 days. There was relief but little jubilation: it will take many years to clean the shores and the birds, and for the sea to begin to repair itself from the onslaught of poisonous oil. Surely we can no longer call it a "spill"—it seems too light and trite a word.

What’s even more troubling is that in Nigeria, the country that has arguably suffered most from oil drilling, oil "accidents"—large and small—occur almost weekly, and we hear little about it. A lethal combination of sloppiness, corruption, weak regulation, and lack of accountability has meant that each year since the 1960s, there has been a spill the size of the Exxon Valdez’s into the Niger Delta. Large purple slicks cover once fertile fields, and rivers are clogged with oil leaked decades ago. It has been called the "black tide": a stain of thick, gooey oil that has oozed over vast tracts of land and poisoned the air for millions of Africans. In some areas fish and birds have disappeared: the swamps are silent.

Americans consume a quarter of the world’s oil—and 10 percent of the oil we consume comes from Nigeria. Why are we not worried and angry about this? Or at least demanding global accountability from companies we support? Especially now that we can see how destructive it is for those who depend on the sea for their livelihood, how foul the impact is, and how devastating the results of poor decisions and ill-equipped response teams are.

Many Nigerians watched, amazed, as Americans berated BP for the Deepwater Horizon spill, then saw progress: our president visited the site and demanded immediate action and compensation. Not so in Africa. According to a group of independent experts, between 9 million and 13 million barrels of oil have been spilled in the Niger Delta since drilling began in 1958. Cleanups have been halfhearted, and compensation has been paltry. The Nigerian government estimates that 7,000 "spills," large and small, occurred between 1970 and 2000. Locals complain of sore eyes, breathing problems, and lesions on their skin. It’s sickening stuff: a 2009 Amnesty International report found many have lost basic human rights—health, access to food, clean water, and an ability to work. Today about 2,000 oil-polluted sites still need cleaning up.

There are many reasons this has occurred: sabotage, faulty equipment, corroded infrastructure. The regulations are weak, rarely enforced, and there are few punitive measures to ensure that spills are managed, monitored, and cleaned up. The oil companies are, effectively, asked to self-regulate. The new Nigerian president, aptly named Goodluck Jonathan, has promised to hold them accountable, but the regulatory agencies are toothless, weakened by decades of rule by corrupt dictators who acted in concert with oil companies and siphoned off much of the oil wealth (80 percent of the state’s revenue comes from oil). The money that has come from oil drilling in Nigeria—$600 billion so far—has gone to very few; most Nigerians live in extreme poverty.

So this has been happening, in Africa, for decades, as our motors purr and air conditioners hum, and we have barely blinked. As Prof. Rebecca Bratspies from CUNY School of Law says, "Problems associated with oil production are usually invisible to those of us who consume vast quantities. We don’t see how dirty it is. [The gulf] is a more extreme version of daily events in Nigeria, where the oil companies have had a complete and total disregard for the environmental implications of their actions."

Weekly Podcast and Radio Program 7/19/10: BP: Well Done?; Afghan Alternatives; Jihad Unlimited: Al Shabab; Health on Wheels: Mobile Health Care; Haiti Disaster Update; Former Vice President Dick Cheney's Heart Surgery; From the Archives: Walter Cronkite, George Steinbrenner. SUBSCRIBE OR DOWNLOAD PODCAST: http://itunes.apple.com/us/podcast/newsweek-on-air/id73329823

Obama asked that $20 billion be set aside to cover cleanup costs in the gulf. Will it be enough? How much would companies like Shell and ExxonMobil have to pay if Africa were well regulated and proper compensation demanded for the loss of livelihoods, illness, and damage to the environment?

This is the perfect time to assess oil-industry practices. America should lead a push to ensure global scrutiny and monitoring of oil drilling, on- and offshore. It’s messy and will never be entirely safe, but why should we accept different standards for countries with less money and clout? Global companies should develop adequate global response and compensation mechanisms.

One simple but clever idea from Bratspies is that we, through worldwide coordination, ensure that oil companies cannot drill unless they have the proven technology and capacity to respond to leaks, saboteurs, and explosions. If we made it a requirement, it would lead to a "tremendous spur in innovation in clean-up technology." That’s something every country would benefit from, rich or poor.

 

 

 

Julia Baird is a Deputy Editor of Newsweek. Follow her on Twitter at http://twitter.com/bairdnewsweek.

 

 

 

Nigeria the economic power house of West Africa sub-region was invited to the G-8 and G-20 combined summit that took place in the Western hemisphere nation of Canada. Nigeria is not an official member of either G8 or G20 but an invitation to the summit was given to her along with other important emerging markets of Southern hemisphere. South Africa was also at the meeting as an official member of G20. Nigeria and South Africa are largest economies in Africa. While South Africa is a member of G-20, Nigeria is not. Nigeria‘s GDP is bulging and her economy is growing at the rate of 7.23 percent in the first quarter of 2010 compares to the expected global rate of about 3.9 percent.

This is not the first time Nigeria has been invited to G-8 meeting. She has been coming to these meetings for a while including those held during the era of the former British Prime Minister Tony Blair and former US President George Bush. As a guest and as an observer to the summit, Nigeria cannot not fully and thorough participate in depth or take the advantage of a membership holder. The exclusive privileges given to the members of the group eluded of the country, particularly on the fiscal matters.

Why is Nigeria invited to these summits? Well, one can give an intelligent and reasonable answer without much guessing. Yes! Nigeria is the most populous country in Africa and the natural leader of the continent. Nigeria is a sleeping giant of Africa that has been in dormancy for a long time. Nigeria is rich in both human and natural resources but paucity of strategic managers to manage her efficiently has delayed her rise as a developed economic power in the continent. She has been invited to the summits because she has something to offer to the global village. For Nigeria as an economic unit can contribute to stabilization of the world economy by her active and comprehensive participation in the world economic system.

Nigeria could not make it as an official member of G-20 nations because during the formation of the group the country was both political and economic unstable. For a long time Nigeria was under ruler ship of a dictatorial authority and her economy were in miserable hands without adequate productivity and planning. The country‘s economy was fundamentally and structurally imbalanced. The economy operated in the cloak of opaqueness without transparency and probity. But the story is changing and Nigeria is singing a new tune. Democratic capitalism is gradually but steadily taking root in the country.

Now with emergence of democracy and steadily economic progress, Nigeria is ready to become a fully and active member of G-20. The fledging democratic dispensation needs to be nurtured and supported; therefore the best way of encouraging Nigeria is to be accepted into this August body. Nigeria is changing and changing for the best with enduring political sensibility. The change was buttressed during the recent transfer of power which was smooth without hiccups. When the late President Umaru Yar’dua passed away, the vice-President Goodluck Jonathan was swiftly sworn-in without much ado.

His Excellency President Goodluck Jonathan represented Nigeria at the summit in Canada. Since he took the helms of power he has demonstrated his capacity to lead his fellow country men and women in accordance to democratic principle. President Jonathan has been working speedily to resolve the issue of Niger Delta and has been making the requisite arrangements and plans to solve the problem of electric power shortage. Nigerians on the street are beginning to say good things about the new leader. The world leaders are receiving the Nigerian leader with open hands and respect as he moved forward in restoring the dignity of our country. All these developments can help to make Nigeria become an official member of G-20.

Nigeria has continued to be a stabilizing force in Africa and beyond. Nigeria with its strategic role in African Union is moving Africa forward with its leadership. When Liberia and Sierra Leone were raging with civil wars and uprising, Nigerian military contingency was a peace keeping force that restored stability in the troubled land. All over the world, Nigerian peace keepers can be found in troubled places of the world, propelling and protecting peace. Nigeria needs to be part of the G-20 in order to fully represent African financial and economic interest. Resources-rich Africa with a population of almost one billion has not been fully represented in the G-8 or G-20 of the world. Nigeria together with South Africa can best represent the interest of Africa. Therefore let‘s make it official and admit Nigeria to G-20.

Emeka Chiakwelu is the Principal Policy Strategist at Afripol Organization. Africa Political and Economic Strategic Center (Afripol) is foremost a public policy center whose fundamental objective is to broaden the parameters of public policy debates in Africa. To advocate, promote and encourage free enterprise, democracy, sustainable green environment, human rights, conflict resolutions, transparency and probity in Africa.