Content-Length: 8379 Content-Type: text/html; charset=UTF-8 FNM- Investors in Nigeria's Military Dictatorship

Investors in Nigeria's Military Dictatorship

Updated 9/10/97

Below is a list of parent companies with operations in Nigeria.

The mere fact that the following companies conduct any sort of economic activity in Nigeria, gives much needed foreign exchange to the tyrannical Nigerian military regime, headed by General Sanni Abacha.

Consequently, their continued presence is disadvantageous to Nigeria for two reasons:

     
  1. It gives much needed foreign exchange to the military regime, which in turn uses it to buy weapons of destruction, which are used primarily for the repression of the democratic aspirations of the Nigerian people.

     

  2. It gives the military regime credibility by showing that companies from the "free world" are still doing business in Nigeria, thereby casting the impression that surely things in the country can't be that bad. A notion that the regime itself uses to attract foreign investors.

If you are a shareholder in any of these companies, please write to the Board of Directors and/or Chief Executive Officer, asking for the total divestment of your company's investments and holdings from Nigeria.

If this fails, please bring up the issue of your company's continued presence in Nigeria at your next shareholder meeting, and if possible, push for a vote to be taken on divesting from Nigeria. For it is morally wrong for a company to knowingly make profit based on human suffering and even death.

If you are not a shareholder, and you know the phone number or mailing address of the company (we shall provide these on this page soon), please call and/or write notifying them that as a concerned (potential/regular) customer of theirs, you are requesting that they divest all their investments and holdings in Nigeria till full democracy is restored to that country. Also notify them that till they do this, you shall be boycotting their goods and services.

If the name is highlighted, please click on it, and send an e-mail message to the company, asking them to divest from Nigeria.

Parent companies with operations in Nigeria

(arranged alphabetically)

 
Abbot Laboratories
Airline Marketing Inc
Alexander & Alexander
Amoco Corp
Ashland Inc
Avon Products
Baker-Hughes Inc.
Bankers Trust New York Corp
Bat Inds Plc
BJ services Co
British Petroleum PLC
Cabot Corp
Chevron Corp
Coca-Cola Co
Colgate-Palmolive Co
Cooper Industries Inc
Crown Cork & Seal Co Inc
Dresser Industries Inc
Eastman Kodak Co
Elf Petroleum
Exxon Corp
General Motors Corp
Global Marine Inc
Halliburton Co
Harper Group Inc
Inland Steel Industries Inc
Interpublic Group of Companies
Ionics Inc
ITT
Knight-Ridder Inc
Litton Industries Inc
Loews Corp
Marsh & McLennan Companies
McDermott International Inc
Mobil Corp
Motorola Inc
Nestle S A
Noble Affiliates Inc
Oceaneering International
Peaugeot Automobile Corp
Pfizer Inc
Phillips Petroleum Co
Phone-Poulenc Rorer
Pioneer Hi-Bred International
Reading & Bates Corp
Reynolds Metals Co
Royal Dutch / Shell Petroleum
Schlumberger Ltd
Seaboard Corp
Stone & Webster Inc
Texaco Inc
Tidewater Inc
Total Petroleum
Unilever N V
Unilever PLC
Volkswagen Automobile Corp
Weatherford International
Western Company of North America
Willbros Inc
Zapata Corp

Special Thanks to Investor Responsibility Research Center (IRRC), for providing information on most of the companies listed above.

For more information about the level of involvement of the aforementioned companies, they can be reached at:

Suite 700, 1350 Connecticut Avenue, NW Washington, DC 20036-1701. (202) 833-0700, (202)833-3555(fax)

Kenneth A. Bertsch- Director, Social Issues Program.



Please Note That This Page is Still Under Construction