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Nigeria cedes Bakassi peninsula to Cameroon (Oil, gas)
| Aug 14, 2008
| Joel Olatunde Agoi
Posted on 08/16/2008 5:47:20 AM PDT by 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.
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.
(Excerpt) Read more at news.yahoo.com ...
TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: africa; cameroon; energy; geopolitics; nigeria
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.
posted on 08/16/2008 5:47:20 AM PDT
"Drawn-out legal battle" in Nigeria?..
Question: Whats legal in Nigeria?..
Answer: Depends on who has the the fire power..
posted on 08/16/2008 6:01:47 AM PDT
(This propaganda has been edited to include some fully orbed hyperbole....)
Glad to see that e-mail about Nigerian assets finally paid off of Cameroon.
posted on 08/16/2008 6:06:42 AM PDT
by Ukiapah Heep
(Shoes for Industry!)
To: Ukiapah Heep
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?
posted on 08/16/2008 6:13:26 AM PDT
(AKA... A Tradition Continues...Now a Hoosier Freeper)
Map showing the Bakassi Peninsula on the Nigeria-Cameroon border
posted on 08/16/2008 6:16:53 AM PDT
Thanks. That’s a small area but apparently important. If they now begin developing it, that will be good for them and for us.
posted on 08/16/2008 6:28:15 AM PDT
Here is a more detailed map of the area:
posted on 08/16/2008 6:30:19 AM PDT
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