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...devise a plan for holding the line on prices. But almost immediately after the meeting was announced, a member broke ranks. Nigeria, one of the poorest OPEC countries, cut the price of its Bonny Light crude by $2, to $28, in order to prevent a decline in sales. Nigerian Oil Minister Tarn David-West said the country had to place its own economic health on a higher priority than its loyalty to OPEC...

Author: /time Magazine | Title: Oil Exporters on a Slippery Slope | 10/29/1984 | See Source »

...dessert. "I sound rather eccentric, don't I?" he asks rhetorically. "No, when you're rich you're eccentric, when you're poor you're mad. So I'm mad." Thompson grew up poor and angry. He is the son of a Nigerian British immigrant who died when Daley was twelve and a Scottish mother who sent him at age seven to a school for problem children where track offered the chance to run away from trouble. His nickname is a shortened version of Ayodele, the African name his father gave him, which means...

Author: /time Magazine | Title: Olympics: CALL THIS BRITON GREAT | 8/20/1984 | See Source »

...Frazier, et al.), Taylor is a good-looking fighter who can slip a punch, hit hard with both hands and move well. In his semifinal bout with Venezuelan Omar Catari Peraza, Taylor floored him in Round 2 with a straight right and went on to win unanimously. Nigerian Peter Konyegwachie gave Taylor all he could handle in a hotly contested final, but Taylor, surprisingly, won a unanimous verdict. His flamboyant teammate Whitaker, who sometimes mocked opponents, fought stylishly for his gold, easily defeating Luis Ortiz of Puerto Rico...

Author: /time Magazine | Title: Olympics: GOLD TODAY, GREEN TOMORROW | 8/20/1984 | See Source »

Your account of the aborted kidnaping of Alhaji Umaru Dikko in London [WORLD, July 16] was overly concerned with Prime Minister Margaret Thatcher's anger over the incident. The more important aspect of the story is that other Dikko-type Nigerians are living off stolen public money in London. Instead of unpacking Dikko, Scotland Yard should be uncrating the millions of dollars that corrupt Nigerian officials have been stashing away in British banks...

Author: /time Magazine | Title: Letters: Aug. 6, 1984 | 8/6/1984 | See Source »

...kidnapping, TIME Nairobi Bureau Chief James Wilde made his way past heavy security at State House, in the heart of a fortress of whitewashed stones and manicured lawns in Lagos, to interview Major General Mohammed Buhari. Above the three rows of ribbons on his crisply starched shirt, the lean Nigerian leader was wearing a button with the slogan "War Against Indiscipline." His shoes were as shiny as mirrors, and behind his gold-rimmed glasses, gentle smile and soft voice, he exuded a quiet air of power. Excerpts from the discussion...

Author: /time Magazine | Title: We Need U.S. Understanding | 7/23/1984 | See Source »

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