Posted by John Donovan: 20 Dec 2024
Once again, Shell, the paragon of corporate ruthlessness and environmental degradation, proves there’s no mess too big to sweep under a rug made of oil-stained dollar bills. The Anglo-Dutch juggernaut, whose rap sheet includes everything from massive spills to good old-fashioned espionage through shadowy outfits like Hakluyt & Co., has pulled off another jaw-dropping manoeuvre in Nigeria.
Here’s the skinny: Shell just tied a shiny $5 billion investment in Nigeria’s offshore Bonga North project to the government greenlighting their exit from onshore oil operations in the Niger Delta—a region they’ve poisoned for decades. Bravo, Shell! Nothing screams corporate responsibility like strong-arming a country desperate for foreign investment.