Nigeria , Africa 's richest economy , has always been
dogged by claims of oil -related corruption ,
transparency , and environmental damage . But
theft of oil is taking it to another level .
The country faces its worst oil crisis in years as
criminal gangs make off with billions in stolen
crude . Theft is no small matter for a country which
gets almost two-thirds of its revenue from the oil
industry .
Nigeria produced 2 . 25 m barrels of oil per day , but
around 400, 000 barrels of those are stolen -
meaning the government lost $ 8 bn in revenue last
year . And worse yet, independent think-tank
Chatham House believes money is even being
laundered through international banks.
With stolen oil , onsold to Asia, Latin America and
the US, as well as dirty profits for the criminals
and , some would say , corrupt figures within
government and industry , the process is
troubling .
Ipara Remo is a town in RemoNorth LG area in Remo division of ogun state, southwestern Nig. Ipara remo with a population of abt 30,000 people is a heterogenous community as it played host to people from different parts of our country Nigeria. It belongs to the group of those towns/communities where inheritance is basically patrilinea; people inherited property and status through their father's lineage and belonged to the father's family and community. It is one of the Remo towns that claim Origination and migration from Ile-ife. Ipara is in the northern part of Remo Division. You approach Ipara town from Saapade. It is a one road town. This is the old Federal road from Lagos – Sagamu – Ode Remo and from Saapade to Ipara. Ipara has boundary with Fidiwo a town-let in Obafemi Owode Local Government in the north. In the South-east, it has boundary with Isara and Ode-Remo. In the West, it has boundary with Obafemi – Owode farm-land with villages. Before the Lagos Iba...
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