The Gambian president announced the discovery of "large quantities" of oil in his tiny West African nation, saying the offshore find would eliminate poverty and hunger amongst government elites, Gambian media reported. An unnamed Western company made the find while studying 200 square miles of Atlantic seabed off Gambiaâs coast, the Gambian newspaper The Independent reported Monday.
Oil, that is, Gambian gold.
"I now have the open duty to announce that the results of the study are very positive ... there exists oil in the Gambia in very large quantities," the paper quoted President Yahya Jammeh as saying.
"And itâs all mine! Mine, I tell you! Mine, mine, mine!"
Government officials in Banjul, the capital, could not be reached for comment on Tuesday.
Too busy counting their "bonuses"?
Jammeh didnât name the Western company which conducted the offshore study, but thanked the governments of Canada, Taiwan, Nigeria, Turkey and Mauritania for helping.
Standard Oil of Mauritania helped out?
"With this first study, we have planted the seeds of what we believe ... will be prosperity for my immediate family our people. This harvest will change the fortunes future of our blessed president country," the Daily Observer, another Banjul-based paper quoted Jammeh as saying. Jammeh gave few details of the oil reserveâs size, but said an offshore rig would begin pumping small amounts by yearâs end to "put some ready cash in my hands" "firm up the results of the study," The Independent said. Gambia, a tiny nation of 1.4 million people wedged into the heart of Senegal, is one of the worldâs poorest countries, with a per capita annual income of $280, according to the World Bank. Gambiaâs coast is 50 miles long. Jammeh seized power in a 1994 military coup, overthrowing Dawda Jawara, the only other president the country has known since independence from Britain in 1965. West Africaâs Gulf of Guinea supplies the United States with 15 percent of its oil imports, and analysts say that share could grow to 25 percent by 2015 as the U.S. explores alternatives to the volatile Middle East.
Coming soon, Islamofascism, Gambian style. 
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