BY KORNEBARI NWIKE
President of the National Union of Ogoni Students (NUOS INTL; USA)
20 November 2007
Nigeria is noted for some of the most interesting and appalling attributes in world arena. It is foremost, the giant of Africa, the foremost corrupt nation on planet earth, the thirtieth poorest nation on earth, the world’s fifth largest producer of crude oil and natural gas and also among the twentieth major flarer of natural gas beside Russia, Iran, Qatar,Venezuala.
To maintain her lead in world oil production, she is now gearing efforts to actualize a production target of 4m barrels per day. There is nothing is wrong such projection though, but Nigeria need to integrate the plights of the poor Niger Delta communities and the environment into short, and long term planning. Increase in daily oil production invariably means increase in daily gas flaring and emission of carbon dioxide. According to the center for Strategic and International Studies, Nigeria accounts for 25% of world’s flaring which is estimated at 115 billion cubic meters per year. This cost Nigeria an estimated loss of $2.5 billion per year. read more
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