Oil giants seen in Nigeria for long haul

Oil giants are likely to continue investing billions of dollars in Nigeria, even though a rash of recent militia attacks and kidnappings could mean violence is on the rise.

The past two months have seen militias blow up oil pipelines and launch attacks on two oil platforms run by Nigeria’s main crude producer Royal Dutch Shell PLC. Armed gangs also robbed two oil companies last week, making their getaway in speedboats.