Word: nigerias
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Dates: during 1970-1979
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Today, famine is rampant in Ethiopia, the African nations of the Sahel (Chad, Mali, Mauritania, Niger, Senegal and Upper Volta), Gambia and in areas of Tanzania and Kenya. Near famine also plagues Bolivia, Syria, Yemen and Nigeria. One poor harvest could bring massive hunger to India, the Sudan, Guyana, Somalia, Guinea and Zaire. In two dozen other nations, the populace faces chronic food shortages. Among them: Bangladesh, Iran, Indonesia, the Philippines and Haiti...
...economy-and no more," says an Arab spokesman. The implication is that some members of the Organization of Petroleum Exporting Countries will reduce output to keep supply and demand in balance and prices high. Indeed, Venezuela, Kuwait and Libya have already decreased their production of oil; but Iran, Nigeria, Indonesia and others have stepped up theirs, more than making up the slack...
Starving Lions. The drought seems to be moving southward. The usually lush tropical forests of the northern Ivory Coast, Ghana, Togo and Dahomey have received so little rain that their coffee and cocoa crops are far below normal. Nigeria's peanut harvest has been cut by two-thirds. Animals as well as people are suffering. More than 3,000 elephants, lions, giraffes and buffaloes have starved to death in Cameroon's Waza National Park...
NIGERIAN NATIONAL OIL CO. is Africa's largest and most promising state petroleum firm. Nigeria produces 2.2 million bbl. a day-about 40% of which finally ends up in the U.S.-and the government of General Yakubu Gowon openly intends to gain control of every aspect of the petroleum business N.N.O.C. has already bought 35% of the biggest oil firm, Shell-BP, and will take over...
...Arabs are encouraging these bilateral pacts because they want to take advantage of international disarray while they can. Since the production cutbacks began in October, other countries have stepped up their output. Indonesia's daily production has gone from 1.3 million bbl. in September to 1.4 million bbl.; Nigeria's from 2.1 million bbl. to 2.2 million bbl.; Iran's from 5.8 million bbl. to 6 million bbl. If these and other production increases continue and demand remains checked, a return to pre-boycott levels of production by the Arab states could lead to a temporary world...