Wednesday, November 14, 2007

NIGERIA OVER VIEW

Thousands of people have died over the past few years in communal rivalry. Separatist aspirations have been growing, prompting reminders of the bitter civil war over the breakaway Biafran republic in the late 1960s.


AT-A-GLANCE
Oil and gas terminal, Niger delta
Politics: Parliament blocked moves to allow President Obasanjo to stand for third term in 2007. The army was the dominant political player until 1999
Economy: Nigeria is Africa's leading oil producer; more than half of its people live in poverty
International: Nigeria plays a prominent role in African affairs; has withdrawn troops from oil-rich Bakassi peninsula to settle border dispute with Cameroon

Timeline
The imposition of Islamic law in several states has embedded divisions and caused thousands of Christians to flee. Inter-faith violence is said to be rooted in poverty, unemployment and the competition for land.

The government is striving to boost the economy, which experienced an oil boom in the 1970s and is once again benefiting from high prices on the world market. But progress has been undermined by corruption and mismanagement.

The former British colony is one of the world's largest oil producers, but the industry has produced unwanted side effects.

The trade in stolen oil has fuelled violence and corruption in the Niger delta - the home of the industry. Few Nigerians, including those in oil-producing areas, have benefited from the oil wealth.

Nigeria is keen to attract foreign investment but is hindered in this quest by security concerns as well as by a shaky infrastructure troubled by power cuts.

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