Despite receiving minimal “transit revenues” from Chad’s oil, the pipeline’s social and environmental impacts are just a harsh for Cameroonians living along the pipeline route. 248 villages are directly impacted by the pipe and dozens more by roads, operations centers, and employee living bases all built expressly for the project. Unlike in neighboring Chad, no oil revenues have been set aside for development spending in the affected villages. The Cameroonian government claims it only receives $25 million per year and some of that money returns to impacted villages via increased social spending in the national budget. But the truth is no one knows where the $25 million is spent (or if that’s the true amount) and there is no accountability for the use of the revenues.
2More
Advisory Group on Chad-Cameroon pipeline ends mandate - 0 views
Chad rakes in 4.3 billion dollars in oil revenue - 0 views
ViewsWire - 0 views
Crude Awakening « Pipe(line) Dreams - 0 views
‹ Previous
21 - 40
Next ›
Last »
Showing 20▼ items per page