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/ 14 December 2006
The Organisation of the Petroleum Exporting Countries (Opec) has agreed an oil-output cut of 500Â 000 barrels per day, or 2%, delayed until February 1 when the northern winter is ending, Qatar’s oil minister said on Thursday, sending oil prices more than a dollar higher.
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/ 14 December 2006
The Organisation of the Petroleum Exporting Countries’ (Opec) president and oil powerhouse Saudi Arabia stepped back from direct calls to slash output on Wednesday, the eve of the group’s year-end meeting, in potential good news for consumers worldwide.
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/ 13 December 2006
Saudi Arabian Oil Minister Ali al-Nuaimi said on Wednesday that the Organisation of the Petroleum Exporting Countries (Opec) had "a little more work to make the market even more stable", a hint the oil exporters’ group might cut its output at a ministerial meeting on Thursday.
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/ 8 December 2006
A Nigerian militant group, the Movement for the Emancipation of the Niger Delta (Mend), has claimed responsibility for a raid on an oil-export terminal on Thursday in which four expatriate workers were kidnapped. Mend, which staged a series of attacks on the oil industry in February, threatened to launch more attacks within days.
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/ 30 November 2006
Whether one sees Abuja, Nigeria’s 30-year-old federal capital, as an urban paradise or a place where survival is a constant struggle depends largely on one’s income bracket. Set on the dry plateau in the centre of this West African country, Abuja is the Nigerian authorities’ attempt to build a world-class city from scratch, an urban centre far removed from the deafening, refuse-strewn chaos of the commercial capital, Lagos.
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/ 23 November 2006
The death of a British hostage in Nigeria’s oil-producing south in a shootout between kidnappers and troops raises the stakes for oil workers but is unlikely to change much for the industry. Abductions of oil workers are frequent in the lawless delta but this was the first time a foreign hostage has died.
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/ 23 November 2006
Nigerian President Olusegun Obasanjo on Wednesday blamed both local and international media for portraying Nigeria and the rest of Africa in a bad light. ”The world is being fed with images of Nigeria and indeed Africa as a bedrock of war, famine, disease, corruption, illiteracy and underdevelopment,” he said at the launch of the country’s national television station.
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/ 30 October 2006
The crash of a commercial airliner moments after take-off in Abuja left seven survivors and 98 people dead, including the spiritual leader of Nigeria’s Muslims, Nigerian newspapers reported on Monday. Flight 053 from Abuja to Sokoto on ADC airlines was carrying 100 passengers and five crew members on a Boeing 737 when it went down on Sunday in bad weather.
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/ 19 October 2006
Bad weather, no runway lighting and a poor decision by the crew caused the December crash of a Nigerian plane that killed 106 people, more than half of them children, investigators said. The DC9 broke into pieces and burst into flames on December 10 as it was trying to land at the international airport at Port Harcourt.
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/ 19 October 2006
Nigeria’s President Olusegun Obasanjo on Thursday declared a state of emergency in the troubled Ekiti State in the country’s south-west. The governor of the state, Ayo Fayose, and his deputy, Biodun Olujimi, were impeached on Monday by the state’s Parliament on graft charges and the speaker of Parliament, Friday Aderemi, was sworn in by the state’s acting chief judge as acting governor.
Militants in Nigeria’s oil heartland said on Thursday they had called off attacks on troops after two bloody gun battles and would fight only in response to actions by the military. The Movement for the Emancipation of the Niger Delta said it had killed 17 soldiers in separate fire fights in the Niger Delta on Wednesday but would now hold back.
Militants freed about 25 kidnapped Nigerian oil workers on Wednesday but seven abducted expatriates were still missing in another part of the Niger Delta after an unprecedented attack on a residential compound. Heightening security concerns, the United States consulate in Nigeria warned that militants may target Bonny Island, a major oil and gas export hub in Africa’s top oil producer.
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/ 18 September 2006
Twelve Nigerian military personnel, mostly high-ranking officers, were killed in a plane crash on Sunday while six survived, the Presidency said in a statement on Monday. President Olusegun Obasanjo rushed home early from an International Monetary Fund meeting in Singapore following the crash of an air force Dornier 228 aircraft.
Nigeria announced on Tuesday that state and presidential polls ushering in a new government to succeed President Olusegun Obasanjo will be held in April next year. The former army general, who came to power in May 1999 to end more than 15 years of military rule, has vowed to organise credible, free and fair elections when his two terms expire in May 2007.
Nigeria’s President Olusegun Obasanjo said in Abuja on Tuesday that the exploitation and slavery of Africans in past decades were directly linked to Africa’s present economic conditions. Obasanjo said that the distortions and underdevelopment that slavery entailed continued to complicate the processes of growth and development on the African continent.
Nigeria took another step towards acquiring nuclear technology for civilian use when it officially swore in the board of the National Atomic Energy Commission. The ceremony on Monday was presided over by Nigeria’s President Olusegun Obasanjo, who is also head of the body.
Liberia will celebrate its independence anniversary next week with something of a light show when Monrovia’s street lights are turned on for the first time in 15 years, officials said on Wednesday. Officials made the announcement to delegates at a United States-backed investment conference, hoping to underline progress since the election of President Ellen Johnson-Sirleaf in November.
The latest spike in oil prices to near a barrel is ”very uncomfortable” and is hurting the world economy, the president of the Organisation of the Petroleum Exporting Countries (Opec) said on Wednesday. Edmund Daukoru, who is also Nigerian minister of state for petroleum, said the conflict between Israel and Hezbollah was responsible for the latest jump.
Officials from the United States and African diaspora on Tuesday urged African countries to look inwards to find economic breakthroughs and much-needed investments. Florizelle Liser, a senior official in the US Trade Representative Office, said African nations had advantages they could learn to exploit.
Stressing gains in financial stability and democratisation, African heads of state meeting hundreds of foreign business leaders in Abuja, Nigeria, called on Monday for stepped-up investment in the continent. ”Africa is changing. Both economic and political landscapes are improving,” said Nigerian Foreign Minister Ngozi Okonjo-Iweala.
A Dutchman abducted on Thursday in Nigeria’s violent oil-producing Niger Delta is in good health but his kidnappers’ demands are not yet known, a spokesperson for Bayelsa state in the delta said on Friday. Gunmen seized the man, who was working on an unfinished Shell gas plant in Bayelsa, from a houseboat after disarming police on guard.
A summit of African leaders, farmers and international agriculture experts aimed at tackling soil degradation and food shortages in the world’s poorest continent opened on Friday in Nigeria. The African Fertiliser Summit, which began in Abuja with a two-day technical session, was being attended by about 500 delegates from across the world.
Unknown people have plunged parts of six states in the south-east and southern regions of Nigeria into darkness by vandalising electricity power lines, Power and Steel Minister Lyel Imoke said on Wednesday. The damage led to the collapse of five major 330kV towers serving the south-eastern states of Abia, Imo, Akwa Ibom and Cross River.
It was just the sort of message British Finance Minister Gordon Brown wanted to see. As he arrived at the Hilton in the Nigerian capital of Abuja this week to warn Africa that stamping out corruption was the flipside of greater financial generosity from the West, the TV monitor behind the reception desk said: ”Important notice. Anti-money-laundering measures are observed in this hotel.”
South African President Thabo Mbeki has described his Nigerian counterpart Olusegun Obasanjo’s acceptance of the scrapping of a plan to extend his tenure as an outstanding act of statesmanship, an official statement said on Tuesday. Obasanjo (69) must step down in May 2007 after serving two four-year terms.
Nigerian President Olusegun Obasanjo on Thursday accepted Parliament’s rejection of a constitutional change that would have enabled him to stand for a third term in office, saying it was victory for democracy. "For me and for all members of our party, the outcome is victory for democracy," Obasanjo said.
The Nigerian Senate on Tuesday rejected a constitutional amendment that would have allowed President Olusegun Obasanjo to run for a third term in office in 2007. ”By this result, the Senate has said clearly and eloquently that we discontinue further proceedings on this amendment Bill,” Senate President Ken Nnamani said after the vote.
Nigeria on Wednesday announced a 25-year plan to venture into space technology by manufacturing and launching locally its own satellite. Science and Technology Minister Turner Isoun said the federal Cabinet had already set up a seven-member ministerial committee to look into the details of the project.
Divisions emerged on Tuesday in the Darfur rebel group that signed a peace deal with Khartoum last week. Ibrahim Ahmed Ibrahim, top adviser to Sudan Liberation Movement leader Minni Arko Minnawi, sent a letter to United Nations Secretary General Kofi Annan charging that his boss had been pressured into signing Friday’s peace agreement.
The drive for peace in the devastated Sudanese region of Darfur took a tentative step nearer success on Friday with one rebel faction agreeing to sign a peace deal, although another still refused. The African Union’s year-old drive to bring peace to Darfur with a comprehensive package had begun the day in crisis with continued refusal by the rebels to sign a deal to end the three-year-old civil war.
Both Sudanese rebel groups fighting in Darfur refused on Friday to sign a peace deal with the Khartoum government, their chief negotiators said, despite intense pressure from international mediators. Mohammed Tugod of the Justice and Equality Movement (JEM) said that the African Union draft peace accord failed to answer his group’s demands for Darfur’s three states to be united into a single autonomous region.
African Union leaders will meet on Thursday on the Darfur crisis hours before the expiration of a deadline set for the Sudanese parties to sign a peace agreement, officials said. ”The meeting is temporarily set to begin at 6pm local time in the Nigerian presidency,” AU spokesperson Noureddine Mezni told Agence France-Presse in Abuja.