Nigeria's
Obasanjo picks successor, oil majors carry on pumping
By
Jacques Lhuillery
AFP
LAGOS
Petroleumworld.com
04 25 07
Nigeria's Olusegun Obasanjo, convinced he can get
away with anything as president of the world's sixth oil producer, handpicked
the man chosen to succeed him in elections even he admitted were flawed by violence
and fraud.
Last year, he persuaded ruling party heavyweights to step aside one by one to
clear the way for Umaru Yar'Adua, the obscure governor of a northern state, to
be chosen as the ruling party's consensus candidate.
Obasanjo then did his best to weaken the opposition to help his protege -- a
total 50 parties signed up for Nigeria's violence-marred presidential, parliamentary
and state polls April 14 and 21.
"After all, in another four years, there will be an opportunity for a fresh
contest which I hope will take care of ballot paper and ballot box malpractices," said
Obasanjo, calling an end to the show in inflappable style, even as criticism
of the flawed poll rained in from across the world.
A results sheet handed AFP by the electoral commission showed a breakdown of
results per candidate, but the column of totals for the country's 36 states was
blank.
But a Western diplomat said the scandal at home and abroad over vote-rigging
would die with a whimper.
"People will forget, and it'll soon be business as usual," he said.
In office since 1999, Obasanjo tried in 2006 to have the constitution revised
to enable him to stay on for a third four-year term.
Parliament quashed the move.
With that option ruled out, Obasanjo moved to maintain the hold of his ruling
People's Democratic Party (PDP) across Africa's most populous nation by backing
his protege, Yar'Adua, for the post of president and working to keep its parliamentary
majority as well as winning a maximum number of governorships in the federation's
36 states.
Analysts as well as opponents also say Obasanjo used both the Economic and Financial
Crimes Commission (EFCC) and the electoral commission INEC to prevent his adversaries
from running in the polls.
Sebastian Spio-Garbrah of New York-based Eurasia group told AFP that the EFCC
had pursued Obasanjo's enemies with more zeal than his cronies. EFCC boss Nuhu
Ribadu has repeatedly dismissed the claim.
But both the EFCC and INEC were instrumental in almost preventing the president's
onetime ally-turned-rival, Vice President Atiku Abubakar, from running for head
of state on the grounds he faced allegations of corruption.
Abubakar was disqualified from running by INEC but the Supreme Court ruled days
before the election that he could stand. His last-minute bid won him a third
place behing Yar'Adua.
The international community had harsh words for elections that left 200 dead,
but stopped short of calling for a re-run.
The PDP now is set to govern Nigeria for the next four years after staging what
it billed as the first peaceful handover from civilian to civilian since independence
in 1960.
But seen from abroad, Nigeria equals oil -- currently accounting for 10 percent
of US oil imports and rising all the time.
" Everyone wondered how these elections would go," the Africa boss of
an oil major told AFP. "They finally took place and it's peaceful. This
is good news for Nigeria and good news for the oil industry. The important
thing is stability."
On the oil market, prices struck three-week highs on Tuesday due to concerns
about Nigerian supplies.
" I think that at any time you could start to see an upsurge in violence
and that could put plans to restart oil on hold, potentially even hit the oil
which is currently being produced," said Global Insight analyst Simon
Wardell.
" It lowers risk if you have people accepting the results and trying to work
together, but I'm not sure it's in the immediate future," Wardell added.
AFP 25 0122 GMT 04 07
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