Word: nigerias
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Dates: during 1970-1979
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Meanwhile, South Africa's growing involvement in the war appeared to be hampering efforts by the F.N.L.A.-UNITA forces to gain recognition for their own government in Huambo (formerly Nova Lisboa). Although the Organization of African Unity remains neutral in the conflict, three more members -Nigeria, Tanzania and Dahomey (which last week changed its name to the Republic of Benin)-have in the past fortnight recognized the M.P.L.A.'S Luanda government because of South Africa's backing of F.N.L.A.-UNITA. Their action brings to 16 the number of African countries that have recognized the M.P.L.A.; at week...
...Nigeria. The government at present owns 55% of the oil operations of Gulf, Mobil, Texaco and a Shell-British Petroleum joint venture. And as recently as August, it disclaimed any attempt to grab for more. Nonetheless, some oilmen expect an effort at complete nationalization soon...
...result, the country is in a shambles. Only about 100 doctors are left in a nation twice the size of France with a population of 6 million people. The economy of what had been the second richest nation in black Africa (after Nigeria) is in ruins. In 1974 Angola was the world's fourth largest coffee producer (earnings: $231 million) and fifth largest source of diamonds (nearly $100 million). Its iron ore mines brought in $38 million; and the vital east-west Benguela Railway, which carried most of Zambia's and Zaïre's copper...
...Nigeria's economy, as one official puts it, is "suddenly encased in a wave of cement." The country is paying a demurrage charge of $4,000 a day to many of the backed-up ships; total cost in the past six months: $18 million. Unscrupulous shipowners, the government believes, have added to the shambles by putting old tubs into line to collect demurrage, since it is more than they can make on the high seas. Paperwork is so fouled up that one shipper collected for demurrage and for cargo, even though he docked with nothing in his hold...
...Nigeria is not the only oil-rich country with cargo headaches. In Iran, ships wait up to three months to dock at Persian Gulf ports, trucks are backed up at border customs checkpoints and valuable military supplies are rusting away out on the sand or in warehouses while authorities try to process them. "It resembles a chaotic flea market," says one U.S. Pentagon officer. An aide to Defense Secretary James Schlesinger has been sent to Tehran to help unclog the backlog in order to make way for still more supplies, including the first of 80 F-14 Tomcats, that...