Insecurity in the Niger Delta
Nigeria’s nagging problems.
Tackling Insecurity in the Niger Delta
Shell’s payment of $4.32 billion to the Nigerian government in 2017, despite the closure of the 400,000 barrels per day capacity Forcados Oil Terminal, has clearly demonstrated the potentially huge earnings in Nigeria’s oil sector if security challenges are fully addressed, Ejiofor Alike reports.
Insecurity of crude oil and gas pipelines in the Niger Delta has remained a major risk peculiar to Nigeria’s operating environment, which has continued to drive the costs of oil and gas projects in the country above the global benchmark.
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