There will be blood… and oil

Africa Confidential Vol 55 No 7 | 4 April 014
The stink of the OPL 245 scandal won’t go away
General Sani Abacha's son, now seeking political office with the governing People's Democratic Party (PDP), is building a coalition to obtain his part of the plunder. Middlemen are still litigating over their share and abroad, criminal investigations are under way Oil Prospecting Licence 245 represents the peak of a system of assigning Nigeria's oil wealth to its rulers and their friends and allies. The methods employed in this affair – and for other oil blocks and concessions – continue to plague the exchequer and oil industry and, far from declining, are expected to be applied with greater diligence as politicians amass their war chests for the 2015 elections.
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