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After the International Court of Justice had ruled that the disputed Bakassi Peninsula belonged to Cameroun, he noted that "The value of lives of Nigerians in the Bakassi Peninsula and beyond far out-weighs the worth of oil and gas deposit in the area".
These groups likely took their name from the Bakassi peninsula, an oil-rich peninsula in the Annang /Efik / Ibibio region of the coastal southeastern Nigeria disputes over the peninsula which had hastened hostilities between Nigeria and Cameroon, with both countries contending for ownership of the region and its resources.