Wednesday, 8 December 2010

Guardian: WikiLeaks: Shell's grip on Nigerian state revealed

The Guardian outlines the latest scoop from the Wikileaks cables exposé: From the oil-rich nation of Nigeria, US embassy cables reveal a top Shell executive's claims that company 'knows everything' about key decisions in Nigerian government ministries.

Full article:

Clearly, these revelations have considerable significance for the apparent capacity of multinational companies to compromise the sovereignty of states in the developing world (the article notes that 70% of Nigerians live below the poverty line, despite the oil).

A brilliant example of recent globalisation or something that has already gone on for centuries?

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