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Uganda Face Tough Choices Over Oil Revenue

AFRICANGLOBE - During a meeting on securing Uganda's oil revenue on Sept.13 in Kampala, disagreement erupted among top politicians and national economic planners on how best to spend the expected bounty. But business people and civil society leaders had a different view: Let's get the oil out of the ground first, before we fight over how best to spend the oil money.

Nigeria: U.S.$400 Billion of Oil Revenue Stolen

Former World Bank Vice-President for Africa, Dr. Oby Ezekwesili, Tuesday said an estimated $400 billion of Nigeria's oil revenue has been stolen or misspent...
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