Word: obasanjo
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Dates: during 2000-2009
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...most dangerous in the world - and helped push global oil prices past $72 bbl. Nigeria was meant to be part of the solution to the insatiable demands for more oil from the U.S. and fast-growing China and India. When the country returned to civilian rule under President Olusegun Obasanjo in 1999, it was pumping around 1.8 million bbl. a day. Daily capacity had expanded to 2.5 million bbl. before the recent attacks; Nigeria is now the sixth biggest oil exporter in the world. Western oil companies, eager for a supply from outside the Middle East, want to increase production...
...million to spend every year. "That is peanuts compared to the problems of the area," says the nddc's head of corporate affairs, Anietie Usen. Projects are often delayed, he says, because the federal government is slow to cough up its share. Grandiose announcements, such as the unveiling by Obasanjo last month of plans to construct a $1.8 billion highway through the region and create 20,000 new jobs in the military, police and state oil companies, do little to appease feelings of neglect. "We have not received money from the federal government since last September. It makes things very...
When Chinese President Hu Jintao addressed Nigeria's National Assembly last week and spoke of the growing strategic relationship between China and Africa, parliamentarians gave him a standing ovation. But the National Assembly is less united on another matter: moves to change Nigeria's constitution to allow President Olusegun Obasanjo, who was elected in 1999 as the democratic savior of Africa's most populous nation, to run for a third four-year term in 2007. Obasanjo himself has not publicly committed to running. But with a bill calling for a constitutional amendment now before parliament, the President's backers...
...placate Taylor's loyalists, Ellen Johnson-Sirleaf, Liberia's new President, said on taking office in January that prosecuting Taylor was less a concern than reconstruction. But international donors, including the U.S. and the European Union, demanded as a condition of aid that Johnson-Sirleaf ask Nigerian President Olusegun Obasanjo to turn over Taylor. "The pressure was more than just political pressure," Samuel Kofi Woods, Liberia's Labor Minister, told TIME. "It also had to do with the development of Liberia...
Still, Taylor very nearly slipped away. On March 25, Obasanjo, under pressure himself from the U.S., finally agreed to extradite Taylor. Two days later, as Nigeria and Liberia argued over who was responsible for transporting the former warlord to Sierra Leone, Taylor disappeared. Police sources in Calabar told TIME they believe Taylor's vanishing act was instigated by some of his supporters with the connivance of Nigerian officials, who wanted to relieve themselves of responsibility for arresting Taylor. Nigerian authorities arrested 22 police officers guarding his residence for "misconduct, dereliction of duty and offenses prejudicial to discipline," and Obasanjo...