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2004-09-30 Africa: Subsaharan

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Posted by Fred 2004-09-30 10:05:55 AM|| || Front Page|| [1 views since 2007-05-07] Top

#1 "Moujahid Dokubo-Asari who heads the Niger Delta People's Volunteer Force, said he would meet with President Olusegun Obasanjo in Abuja to press his demands for increased autonomy and control over oil resources by impoverished inhabitants of the Niger Delta. The two sides agreed Wednesday to temporarily halt to the violence.

The militia group threatened on Tuesday to target foreign oil firms and their international workers starting Friday, Nigeria's 44th anniversary of independence from Britain, nudging crude oil prices to the historic peak of over $50 per barrel in global markets."

I wonder if the Niger Delta People's Volunteer Force will begin selling stock shares soon?

In all seriousness though, watch out for China and African Oil. Somehow I think they are at the bottom of this.

Posted by TomAnon 2004-09-30 10:22:33 AM|| 2004-09-30 10:22:33 AM|| Front Page Top

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