This morning this note came to me from a young friend in Europe who is studying international affairs. One of his professors is a former European oil executive who had this to say about oil and Nigeria:
“He told me there is the view by some in the industry that corruption is good for business: a destabilized Delta [oil-rich region of Nigeria] is in their interest to get as much oil out as quick as possible. Sure the region is getting a lot of press, too
much press, but if the situation can get just a little quieter then business as usual is much preferable to a strong, accountable government.”