Monday, July 14, 2008

Relevant Reuters Article

Nigeria's top building firm pulls out of Niger Delta

By Nick Tattersall

LAGOS (Reuters) - Nigeria's biggest construction firm, Julius Berger JUBR.LG, is pulling out of the oil-producing Niger Delta because of the deteriorating security situation there, a senior company executive said on Saturday.

Gunmen kidnapped two Germans working for the firm, the Nigerian unit of German builder Bilfinger Berger (GBFG.DE: Quote, Profile, Research), on Friday, blowing their armoured vehicle off the road with dynamite and killing a soldier in their convoy.

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