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14 of 15 people found the following review helpful
5.0 out of 5 stars Oil and Troubled Waters, 16 Oct. 2009
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This review is from: A Swamp Full of Dollars: Pipelines and Paramilitaries at Nigeria's Oil Frontier (Hardcover)
Michael Peel, the former West Africa correspondent for the Financial Times, has written a fascinating book. Part travelogue, part insight into big oil and the multinationals that produce and market it, the book is also a story of admiration for Nigeria with all its chaos, corruption and injustice. Peel travels the (often dangerous) world of the Niger delta where Shell, AGIP Chevron and other companies are tapping one of the more important reserves of crude oil in the world. The light, sweet crude is readily refined into petrol and there are considerable reserves in nearby Sao Tome, Gabon and Cape Verde. Yet the vast oil revenue that has come to the Federal Government (and the states) of Nigeria has done little to raise the living standard of the poor people who live in the delta. Quite the opposite, in fact. Pollution from the oil and the disinclination of the oil companies to clear up have turned the delta into something of a wasteland. And the story of theft by successive Nigerian government officials is staggering. Yet at the end of his story, Michael Peel is optimistic. Nigeria is a new country; its injustices and problems and abuses of power are more open, more blatant but in a way more honest. Legitimacy is really longevity, as it is in the West. People in newer countries can offer fresh ways of thinking and a hunger for reform. As the need for oil grows, and the need for this reformation, we shall surely hear a lot more about Nigeria.
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