World News

Shell’s sale of Nigeria oil assets ‘a way of avoiding responsibility for environmental damage’

Oil giant Shell is set to end nearly a century of onshore oil and gas production in Nigeria. Abuja has green lit Shell’s 2.4-billion-dollar asset sale to local buyers the Renaissance Group, part of a trend of energy multinationals scaling back or exiting Nigeria. But the move is a worry for campaigners wanting some accountability from big companies pulling out after running profitable operations that have also caused decades of environmental and other damage. Kathryn Nwajiaku-Dahou, Politics and Governance programme director at the ODI Global thinktank, explains.
#oil #Nigeria #Shell

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