Contributions from
the Column
Facts and trends


Reconstruction in Iraq: windfalls from war

Trade alone does not deliver development

Concern over independence of EU humanitarian aid

Debt relief for Iraq?

UN adopts convention to fight corruption

Security situation in Afghanistan fragile

German-Indonesian cooperation

Bribery in Nigeria’s oil business

Interview with Hans-Joachim Preuss: “The Kunduz operation will not bring more security”


12/2003
 

Bribery in Nigeria’s oil business is to become history soon. Nigerian President Olusegun Obasanjo announced at a Transparency International meeting in Berlin at the beginning of November that Nigeria would support the ‘Publish What You Pay’ initiative launched last year by George Soros. This demands that all payments in the oil business be disclosed. Accordingly, oil companies must publish the sums they have paid to the Nigerian government, which in turn must in future report its income from them. The aim is to put a stop to illegal payments. Nigeria, Africa’s biggest oil producer, was repeatedly rated as one of the most corrupt countries in the world in the past years. (ell)