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AU chairman welcomes debt relief deal
LAGOS - Nigerian President Olusegun Obasanjo, who is the African Union (AU) chairman, on Saturday said an agreement reached in London to provide debt relief for 18 of the world's poorest countries was "a welcome development," according to his spokeswoman.
"Mastercard upped my limit again and sent me a bunch of courtesy checks. Now I can buy that island I've had my eye on."
"The fact that we have been on it for a long time, this (debt relief) is a welcome development," Oluremi Oyo quoted him as saying while reacting to the development at a traditional ceremony in Ijebu-Ode in southwest Nigeria. "As chairman of AU, this is what he has been campaigning for. What has happened in London is a manifestation of his efforts and those of other African leaders and a vindication of his campaign for debt relief for poor African countries," she also quoted her boss as saying. "Nigeria is looking forward to a special arrangement with the G8 on debt relief," Obasanjo said, according to Oyo who spoke to AFP on telephone.
And he's looking forward to an 8% commission.
"Daiquiris, anyone? I'll have my houseboy whip up a fresh batch. And do try these petit fours. They're delicious."

Posted by: Steve White 2005-06-12
http://www.rantburg.com/poparticle.php?ID=121421