The Bakassi Peninsula is a region located in the Gulf of Guinea, in the southwestern part of Cameroon. It is a triangular-shaped area that covers approximately 1,000 square kilometers and is rich in oil and gas reserves. The peninsula is bordered by the Bight of Biafra to the west and the Calabar River to the east.
The history of the Bakassi Peninsula is complex, as it has been claimed by both Nigeria and Cameroon. The dispute dates back to colonial times, when the region was part of German Cameroon. After World War I, the area was divided between British and French Cameroons, with the border running through the middle of the peninsula.
In the 1970s, Nigeria began to claim sovereignty over the region, arguing that the boundary between Nigeria and Cameroon was unclear and that the people of the region were predominantly Nigerian. In 1981, Nigeria annexed the area, and tensions between the two countries escalated.
The dispute over the Bakassi Peninsula was referred to the International Court of Justice (ICJ) in 1994. Cameroon argued that the boundary between the two countries was clearly defined by colonial treaties and that Nigeria had no legal claim to the area. Nigeria, on the other hand, argued that the boundary was unclear and that the people of the region were predominantly Nigerian.
In 2002, the ICJ ruled in favor of Cameroon, stating that the Bakassi Peninsula belonged to Cameroon. The court ruled that the boundary between Nigeria and Cameroon was clearly defined by colonial treaties and that Nigeria had no legal claim to the area. Nigeria initially refused to accept the ruling, but later agreed to cede control of the region to Cameroon.
The transfer of the Bakassi Peninsula from Nigeria to Cameroon was completed in 2008. However, the transfer has been marked by tensions and sporadic violence.
In addition to the border dispute, the Bakassi Peninsula has also been affected by piracy and illegal fishing. The piracy and illegal fishing have led to tensions between Cameroon and Nigeria and have had a negative impact on the economy of the region.
The effect of Bakassi Peninsula on Nigeria’s economy
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