CAMEROON AND NIGERIA have agreed to jointly exploit any oil and other cross-border reserves found in the Bakassi peninsula, with Nigeria proposing Chinese-owned explorer Addax Petroleum to handle the work. The decision was reached at a meeting of a joint commission of the two countries set up by the United Nations to implement a 2002 ruling that the Bakassi region belongs to Came Commission chairman Said Djinnit, who also serves as special representative of UN Secretary-General Ban Ki-moon in West Africa, said the commission was calling on the nations to work together.
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