The word got out very early this morning that BP CEO, Tony Hayward has been asked to step down; largely due to the way he handled the gulf of Mexico oil spill saga. The 'stepping down' will take effect from October 1st this year. But that's not all there is to the story; Mr Hayward, will be getting a whooping $16.5 million ($930,000 a year) as a form of pension / gratuity.
That's not bad, but considering the fact that BP, which operates in Nigeria as Shell, has been spilling oil constantly into the coastal creeks of the Niger Delta, with no form of compensation or reprimands, really calls for concern. Is it that our Government(s) is / have been unable to hold them, or is it that we are afraid? I really don't get it. A company spills oil into beaches and wetlands for 99 days, and they are paying millions of dollars. But across the atlantic, they've been spilling oil into creeks, farmlands, wetlands, rivers, communities..... for 50 years, yet not one form of compensation! What an odd world this is.