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...which the OPEC bench-mark price is based. The Saudis used to insist that the "differential" should be $3, but more recently have reportedly been willing to accept $1.50. Even at that, the official OPEC price would have to fall to $28.50 to make it competitive with $30 Nigerian oil. In Lagos last week, Mallam Yahaya Dikko, Nigeria's top petroleum official, stood behind his nation's pledge to match any further reduction in the price of North...

Author: /time Magazine | Title: Oil: The War Begins | 3/7/1983 | See Source »

...port of Tema. They were home after an often brutal fortnight spent in flight from Nigeria, more than 200 miles to the east. Along with workers from other nearby countries, the Ghanaians had been made scapegoats for Nigeria's formidable economic problems, and last month the Nigerian authorities gave them just two weeks to leave the country. Terrorized by fear of reprisals if they stayed, more than 500,000 Ghanaians braved beatings, bureaucratic delays and dwindling food supplies to reach their homeland. At least 30 died en route...

Author: /time Magazine | Title: Ghana: Homecoming to Misery | 2/21/1983 | See Source »

Within a day or two, hundreds of thousands had left their jobs and started looking for transportation to take them home. Ghana Airways scheduled six flights a day from the Nigerian capital of Lagos to Accra, Ghana's capital, and some 10,000 Ghanaians paid $60 each to go home in relative comfort. The Ghanaian government sent six ships to collect thousands of its stranded citizens who began packing the docks in Lagos the day after the expulsion order. By the time the first ship arrived, more than 30,000 people were waiting on the quays. In the scramble...

Author: /time Magazine | Title: Nigeria: Exodus of the Unwanted | 2/14/1983 | See Source »

Shagari has shown himself to be a politician willing to stoop to any means to bolster his career. A week after the expulsion order, the 32- story Nigerian External Communications building was destroyed in a fire. At least 30 people died in the blaze, which gutted the head-quarters of the nationally run telephone company, and which cut the country off from the outside world for several days. It was the third government building to burn in the past year-- all three of which housed ministries under investigation for multi-million-dollar government corruption. In each case, all potentially incriminating...

Author: By Errol T. Louis, | Title: West African Tragedy | 2/8/1983 | See Source »

...Nigerian leader has tried to use the two million Ghanaians as scapegoats to divert attention from the economic crises and the corruption charges that could hurt him in the balloting. Indications are that the expulsion has made him popular with almost every sector of his country...

Author: By Errol T. Louis, | Title: West African Tragedy | 2/8/1983 | See Source »

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