Oil money for Chad

Recently Chad, one of the poorest nations in Africa, received its first income from the massive Chad-Cameroon oil and pipeline project, the continent's largest current investment. That ought to be a good thing. But unfortunately, oil production in African countries has often brought, instead of prosperity, greater poverty, destruction of the environment and violent conflict. All the more reason to wonder what will happen in Chad, a central African nation governed by a dictatorship best known for corruption and human rights abuses.

  WaPo article

Should do just fine then. As long as he doesn't want to use any of that money for socialist programs.

This oil project was supposed to be different, thanks to an innovative partnership between the World Bank and an international consortium led by Exxon Mobil Corp. The consortium made construction of the project dependent on the World Bank's participation as an insurance policy for its investments in a region that is a potential political powder keg. The World Bank, the single largest source of funding for development, co-financed the project, hailing it as a groundbreaking initiative in which oil wealth would be translated into direct benefits for the poor, while any damage to the environment would be repaired.

Who are we kidding?

From what we've seen of World Bank and IMF "aid" to third world countries, we can expect a new meaning for "hanging chad".

Thanks to Michel G. for the link.