Nigeria: March 28, 2001

Archives

The governors of the 17 southern Christian states have launched a lawsuit to gain control over the oil revenues obtained from wells located in the south. Most of the oil revenue comes from fields in the south and the federal government controls the income. Much of the money has been lost to corruption. Some 95 percent of Nigeria's export earnings come from oil. The government has offered the southern states 13 percent of the revenue. The Islamic states in the north have always gotten a share of the money, often an excessive share as many of the national leaders for the past four decades have been northerners. 

 

X

ad

Help Keep Us From Drying Up

We need your help! Our subscription base has slowly been dwindling.

Each month we count on your contribute. You can support us in the following ways:

  1. Make sure you spread the word about us. Two ways to do that are to like us on Facebook and follow us on Twitter.
  2. Subscribe to our daily newsletter. We’ll send the news to your email box, and you don’t have to come to the site unless you want to read columns or see photos.
  3. You can contribute to the health of StrategyPage.
Subscribe   contribute   Close