Foreign relations of Nigeria bilateral relations Delimitation of international boundaries in the vicinity of Lake Chad, the lack of which led to border incidents in the past, has been completed and awaits ratification by Cameroon, Chad, Niger, and Nigeria; dispute with Cameroon over land and maritime boundaries around the Bakasi Peninsula is currently before the International Court of Justice; maritime boundary dispute with Equatorial Guinea because of disputed jurisdiction over oil-rich areas in the Gulf of Guinea. The Federation of Nigeria became independent from the United Kingdom in 1960 with Queen Elizabeth II as Queen of Nigeria. Nigeria became a Commonwealth republic in 1963,
Chad–Cameroon Petroleum Development and Pipeline Project human trafficking. Oil exploitation is estimated at a potential 1.5 billion barrels, and Chinese companies are currently developing an oil refinery and another pipeline in the country. The Tchad Oil Transportation Company (TOTCO) manages the pipeline within Chad that is owned by the country. TOTCO is incorporated in Tchad, and is a joint venture between Chad and the Upstream Consortium. The Republic of Cameroon has been ruled by President Paul Biya since November 6, 1982. A relatively peaceful and stable nation, Cameroon is a republic with a multiparty presidential regime. Although there are presidential elections every seven years, there are