Confronting China on Nigerian Crude oil (I)c

....that Chinese corporation and the people of China has been drilling for the longest and the money is already earned over these periods, if not, there is need to rehearse the tenets of the deal before 2005, which is not part of other licenses confiscated in 2008 and over the consequent period of Obasanjo’s administration. If NNPC that engineered a 4 billion contract development of the so-called Agbami field of Niger from 2005 is open to China, then Chinese companies can be questioned on their activity over these five years in the area. It is from here can we begin to come to grasp with they have done in these area and in Nigeria over the period and what they are doing now.

China’s ominous information shadow boxing about their operation in Nigeria is quite amazing. I have not been privy to Chinese Crude oil activity in Nigeria and there are only assumptions about their supposed good intentions in Nigeria, which now with extra package of trust and free hands of the FRN. There is trust on these guys given their status as near redeemers of Nigeria from Shell and company. But if crude oil derivatives are placed weekly, or biweekly for traders, it is common demand to find out what happens to Crude oil in many direct source areas of the vital economy, at least have a fact box about their capacity status.

Nigeria therefore, should not relent in attempting to come terms with China and their new found significance in the world. It will seem to appear that they have not even reached their full capacity yet, which does not mean that their overall economic performance is ahead of most economy in the world. This new madness for African Crude oil by China would seem in my view to indicate that there is a version of their exploitation of Africa or in Africa that may exist, since business is that easy or manipulation of information that common.

China has no open source information about their activity in Nigeria and there is no way we can grasp the overall activity of Chinese companies who are vilified in much of Africa without concise bits of information. But the complaining in several parts of Africa is not without reasons, that as much the world has taken a turn over Chinese interest on Zimbabwean Crude oil and as much they feel stymied for siding one group over the issue in Sudan, there is very little they have done to directly assuage public suspicion over their interest in Africa, or its problems saving bags of rice.

But in Nigeria, the case is not bags of rice and beans, or forcing farmers to work for Chinese consumption, or is it endless miles of lands acquired in Senegal, Siere-leone, Liberia by China, rather it is a problem of information mishmash about Chinese activities in Nigeria and who they really dealing on. We wanna know what their real interest short term, long term, and so on is in Nigeria, and what is in it for Nigeria besides paper