Word: nigeria
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Dates: during 1970-1979
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...never did cut production by as much as the 25% that they claimed; total tanker loadings at six Middle East ports for the last three months of 1973 rose 31% above those of a year earlier. The international oil companies have been rerouting much crude from Iran, Indonesia and Nigeria to the U.S., replacing Arab oil that America, as a friend of Israel, is not supposed...
...Nigerian civil war four years ago this week, the Ibo people of rebellious Biafra feared that defeat would bring genocidal vengeance from the victorious Nigerian army. Instead, the Ibos are prospering as citizens of a federated Nigeria. The credit goes in large part to the young head of state, Major General Yakubu Gowon, who decreed a policy of "no victor and no vanquished" after the savage civil war that took at least 1,000,000 lives...
Long the best-educated and most industrious of Nigeria's tribes, the Ibos have used their resources to rebuild their war-torn region instead of carrying on a vendetta. When the war ended, the defeated Biafran leader, Colonel Odumegwu Ojukwu,* bitterly boasted that the Ibos would rebel again. He turned out to be wrong. Ibos these days rarely speak of Biafra or of secession. "We tried and lost," says an Ibo businessman in Ibadan. "That finishes it. From now on, we are all Nigerians...
...easy prescription for Africa's most populous nation. Its nearly 70 million people are divided into three major ethnic groups-the Yorubas, Hausas and Ibos-and some 250 tribal offshoots. To reduce the power of the dominant tribes, Gowon, who belongs to the small Anga tribe, split Nigeria's four federal regions into twelve states. He allows them to handle their internal affairs but intervenes discreetly to make sure all tribes are consulted on local government decisions. Although Gowon rose to power as strongman of an army coup eight years ago, he believes that "you must bring...
...Discoveries. Along with peace, Nigeria is also gaining a bit of prosperity. Oil was discovered in the Niger River delta in 1966, and production has reached 2,200,000 bbl. per day, roughly 25% as much as Saudi Arabia was producing before its cutbacks. Gowon has followed the example of the world's major oil exporting nations and announced a 77% increase in the posted price of Nigerian crude, making it $14.69 per bbl. The new price is expected to earn Nigeria some $7 billion this year. In addition, the government currently is mulling over offers, mostly from American...