Nigeria: Oil giant admits aid policies helped fuel violence

Oil giant ChevronTexaco is to rethink its community aid strategies after acknowledging that some of the policies implemented by its Nigerian subsidiary in the oil-rich Niger Delta have contributed in fuelling violence in the region. ChevronTexaco said in a statement on Tuesday that its system of investment in community development in the region that produces most of Nigeria’s oil, has been “inadequate, expensive and divisive,” and would be revamped.