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Article

2 Dec 2006

Author:
Jide Ajani, Vanguard [Nigeria]

Way out of N-Delta crises, by 65 Nobel Laureates [Nigeria]

...65 Nobel laureates comprising the Commission of Nobel Laureates on Peace, Equity and Development in the Niger Delta Region of Nigeria have proposed measures to prevent the spiral of deadly violence in the oil-rich yet impoverished Niger Delta region... The laureates specifically focused on the development/environmental crisis in the country. The areas of focus include: “- Proposes that oil companies in the Niger Delta states publish audits of their revenues. “- Calls upon oil companies to establish a “Community Investment Fund” earmarking a percentage of gross revenues directly to local community organizations working in the fields of health, education, micro-credit, and infrastructure development. “- Asks oil companies to clean up oil spills, eliminate gas flares, and provide special compensation to communities devastated by environmental degradation. “- Proposes that oil companies train and hire residents from affected populations in the Delta region.”