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List of Suspected Looted Items from Africa- Part 1

poply

Top 10 Oil Producing Countries in Africa

1. Nigeria  113,000 thousands of tonnes per year

Approx. 2.35 million barrels of oil a day

2. Angola   88,700 thousands of tonnes per year

3.Republic of Congo 14,500 thousands of tonnes per year

4.Equatorial Guinea 13,500 thousands  tonnes per year

5.Gabon 11,600  thousand of  tonnes per year

6. South Sudan        7,300 thousands of tonnes per year

7. Sudan    5,200 thousands of tones per year

8. Ghana  5,00  thousands of tones per year

9. Chad   4,100  thousands of tones per year

10. Cameroon    3,700 thousands of tones per year

Nigeria

 Produces 2;35 million barrels of oil a day

There are 73 liters of petrol in one barrel of oil and

36 liters of diesel  in one barrel of oil

so 2.35 million x 73 =171 million liters of petrol per day produced in Nigeria and

2.35 million x 36 = 84 million liters of diesel per day produced in Nigeria

UK  road fuel use  is approx.  44 million liters of Petrol and 81 million liters of Diesel per day.

Petrol prices fluctuate but if we say approx. average price of a liter of Petrol in UK is 115 pence per liter and diesel the same then Nigerian oil is producing more oil than the UK uses per day

The incoming retail amount of total oil if it was all sold at UK prices of Nigerian oil  per day would be 125 million pounds per day 

Wage income of Nigeria

https://en.wikipedia.org/wiki/List_of_countries_by_percentage_of_population_living_in_poverty

From the above link we see that in 2011 53.5 % of Nigerians lived on a income of less than US$1.9 per day  while the UK figure for the same is US$0.2

Conclusion

The huge quantities of profit made from Nigerias oil is not reaching its population

Indirectly  Nigeria oil and other looted resources are providing the UK with the ablity to give healthcare and pensions to its population while excluding the Nigerians and other looted counties the ablitiy to do the same for their population.

There is also the accumative effect of taking away the investment capital of a country .The advantage of the illegal colonial rule gave the UK and other colonial powers investment capital so the outgoing Nigerian oil is taking away future investment capital and allowing the UK to continue its colonial rule even after coloinal rule has finnished .The UK colonial rule continues run by corporations instead of directly from the British Government .

Howerver this new style coloialism still gets suport from its Governments so recently the US were saying they were defending  "their intersts " in the Middle East.

It is important to note that different political parties in the Looting Countries such as the UK , France and the USA have different policies in there own countries between the parties such as Labour/Conservative or Dems/Repubilcans however when it comes to policies on Looting resources from the Looted countries all the parties follow exactly the same policy of stealing the Looted countries resources for this reason it is better to boucourt these foolocracy elections .held in the UK, France USA and other places .