IFC to provide $20 million debt finance to Nigerian off-grid power firm
“What would you do if someone dumped nine Olympic swimming pools of oil into your community?” This is the question that is splayed across Amnesty International’s webpage on the Niger Delta oil spills. As it turns out, since 2011, Shell alone has reported 1,010 spills, with 110,535 barrels or 17.5 million litres dumped into water bodies in the Niger Delta—a conservative number, as the Nigerian government and other experts have estimated it to be even more. As this data is from 2018, the numbers do not consider the spills that have occurred since then or before then, including the infam...