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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: TobagoJack who wrote (53509)	2/17/2006 8:44:14 PM
From: shades	Read Replies (1) of 110194

Nigerian Militants Warn Of Total War On Intl Oil Cos -BBC iratecinemaunderground.com General who wins this fight? LONDON (Dow Jones)--A Nigerian militant commander in the oil-rich southern Niger Delta has told the BBC his group is declaring "total war" on all foreign oil interests, the BBC reported on its Web site Friday. The Movement for the Emancipation of the Niger Delta has given oil companies and their employees until midnight on Friday night to leave the region, Major-General Godswill Tamuno said. The group recently blew up two oil pipelines, held four foreign oil workers hostage and sabotaged two major oil fields. It wants greater control of the oil wealth produced in the Niger Delta. #Nigeria is Africa's leading oil exporter, but despite its oil wealth, many Nigerians live in abject poverty. It is the first time Tamuno has spoken publicly of his group's aims. He refused to be interviewed on tape or for his location to be disclosed. He told the BBC his group had launched their campaign, called "dark February", to ensure that all foreign oil interests left. He said that they had had enough of the exploitation of their resources and wanted to take total control of the area to get their fair share of the wealth. The BBC says the movement brings together a variety of local groups that had been operating in the Niger Delta before. Their diversity means the group enjoys considerable local support and it is difficult to pinpoint exactly who is a member, he says. Mend's leaders tend to like to be faceless, the BBC says, and they usually send statements to the media via email. The Nigerian army, which has thousands of troops in the Delta, has been unable to prevent attacks by militants Wednesday, a Nigerian government helicopter gunship opened fire on eight barges allegedly used by smugglers to transport stolen crude oil. Mend released a statement immediately after the raid saying the helicopter had fired rockets and machine-guns at targets on land and accused the military of targeting civilians. BBC News Web site: news.bbc.co.uk (END) Dow Jones Newswires February 17, 2006 06:15 ET (11:15 GMT)

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