Nigeria cedes Bakassi peninsula to Cameroon (Oil, gas)

AFP ^ | Aug 14, 2008 | Joel Olatunde Agoi

[decimon]

CALABAR, Nigeria (AFP) - Nigeria on Thursday handed over the Bakassi peninsula to Cameroon to end a 15-year dispute over the territory believed to be rich in oil and gas.

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After a drawn-out legal battle, the ICJ ruled in October 2002 that the peninsula should be given to Cameroon. It based its decision largely on a 1913 treaty between former colonial powers Britain and Germany.

[decimon]

Nigeria has also reported a 12 percent increase in oil reserves to 33.6 billion barrels.

In terms of our interests, these sound like two good news items.

[hosepipe]

"Drawn-out legal battle" in Nigeria?..

Question: Whats legal in Nigeria?..
Answer: Depends on who has the the fire power..

[Ukiapah Heep]

Glad to see that e-mail about Nigerian assets finally paid off of Cameroon.

[politicalwit]

The 419 scams are small potatoes compared to the Social Security scam the US government runs on its citizens.

When's the last time you received a letter from the SSA that you could actually chuckle about?

[rawhide]

Map showing the Bakassi Peninsula on the Nigeria-Cameroon border

[decimon]

Thanks. That’s a small area but apparently important. If they now begin developing it, that will be good for them and for us.

[rawhide]

Here is a more detailed map of the area: