Nigerian Oil Crisis

In 2004, Nigeria was rocked by a crisis in the oil industry which, coupled with the continuing problems in Iraq and contracted petrol supplies offered by Saudi Arabia and other OPEC countries, has serious implications for the entire world community. In 2004, world consumption of crude oil is on track to surpass 82 million barrels (13,000,000 m³) per day, 30 billion barrels (4.8 km³) per year. This puts consumption equal to production leaving no surplus capacity.

Timeline

September

  • September 26 – The European corporation Shell Oil evacuates 235 non-essential personnel from two oil fields. Oil output is cut by 30,000 barrels (4,800 m³) a day.
  • September 29 – After two days of negotiations, a ceasefire is declared, in which the NDPVF will lay down their arms in exchange for discussions on political and economic autonomy.

October

  • October 5 – Dokubo-Asari withdraws the pledge to fully disarm, saying that he doesn't believe the government is sincere about satisfying his demands. However, talks continue about a peace agreement.
  • October 7 – Oil workers across the nation initiate a two day walkout to protest rising oil prices.
  • October 8 – Walkout ends. World oil supplies are not noticeably disrupted and prices remain stable at around USD$52.97 a barrel.
  • October 9 – The main workers' union, the Nigeria Labour Congress, and it's allies threatens a general strike which could have far worse effects than the walkout did; prices jump USD$.30.
  • Monday, October 12 – General strike is carried out. For the next four days, workers for the corporations refuse to show up for work in a massive protest about skyrocketing fuel prices.
  • Thursday, October 15 – Strike ends. By the end of the day on Friday, prices have shot up to USD$55.
  • October 27 – The NLC threatens to hold another general strike as early as November 4 to protest the massive poverty the nation suffers despite huge revenues from the vast oil supply.
  • Thursday, October 28 – The NDPVF says it has begun a handover of it's weapons to the government of Nigeria. The group and representatives of the government had worked out the details at a disarmament committee following peace talks, with the handover purportedly beginning earlier in the week. http://www.alertnet.org/thenews/newsdesk/L28211725.htm
  • October 29 – The NLC pushes the strike to November 16. Workers threaten that the new strike will be indefinite, unlike the four day walkout in October.

November

  • November 9 – The Nigerian government issues a statement saying that workers who join the strike may be fired, and unable to regain their old jobs. The NLC states they will not give in to pressure.
  • November 16
    • Tribal chiefs with ties to the Niger Delta Vigilante, an ally of the NDPVF, begin renewed violence against the region of Okrika, as the peace deal between the government and warlords approaches the brink of failure.
    • Dokubo-Asari says the NDPVF will withdraw from the disarmament plans, thus collapsing the hopes for peace. Dokubo-Asari says the group will go no further, claiming the government refuses to disarm a rival militia led by Ateke Tom of it's weapons. He states "There is a deliberate policy on the part of the government for Ateke to keep his guns". http://www.alertnet.org/thenews/newsdesk/L16523599.htm

December

See also

External links

Oil crisis in Nigeria

 

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