Nigeria: February 26, 2005


Soldiers raided a village in the Niger Delta, looking for a local gang that had been attacking civilians and stealing oil. The subsequent fighting left 14 dead, and several hundred civilians fled the area. Oil theft is growing, with 100,000 barrels a day being stolen by gangs that puncture pipelines carrying the crude, transfer the oil to trucks and then to small ships that sneak it out of Nigeria and sell it to brokers in nearby countries at a discount. Even so, with oil now at over $50 a barrel, the various gangs can realize several million dollars a day from these thefts. 


Article Archive

Nigeria: Current 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 



Help Keep Us Soaring

We need your help! Our subscription base has slowly been dwindling. We need your help in reversing that trend. We would like to add 20 new subscribers this month.

Each month we count on your subscriptions or contributions. 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. A contribution is not a donation that you can deduct at tax time, but a form of crowdfunding. We store none of your information when you contribute..
Subscribe   Contribute   Close