Bad news from the most powerful West African Nation. Finally a clean election, but massive violence. Let us pray that Nigeria is able to get past this current round of extreme violence. The risk is huge.
The importance of peace and stability in Nigeria cannot be overstated. It has a massive population of over 170 million, and huge oil reserves.
Nigeria is the 12th largest producer of petroleum in the world and the 8th largest exporter, and has the 10th largest proven reserves. (The country joined OPEC in 1971). Petroleum plays a large role in the Nigerian economy, accounting for 40% of GDP and 80% of Government earnings. However, agitation for better resource control in the Niger Delta, its main oil producing region, has led to disruptions in oil production and currently prevents the country from exporting at 100% capacity.
Nigeria often leads as the major force provider when there is UN intervention in Africa. Calm Christians/Muslim relations in Nigeria are essential for peace in West Africa. Nigeria is the key black African Nation model for the promotion of stability throughout the continent.
Taking advantage of its role as Africa’s most populated country, Nigeria has repositioned its military as an African peacekeeping force. Since 1995, the Nigerian military through ECOMOG mandates have been deployed as peacekeepers in Liberia (1997), Ivory Coast (1997–1999), Sierra Leone 1997–1999, and presently in Sudan’s Darfur region under an African Union mandate.
Nigeria is the most populous country in Africa, the seventh most populous country in the world, and the most populous country in the world in which the majority of the population is black. It is listed among the “Next Eleven” economies, and is a member of the Commonwealth of Nations. The economy of Nigeria is one of the fastest growing in the world
May peace and prosperity reign. “You are welcome.”