Two days of talks held by the UN Cameroon-Nigerian Mixed Commission in an effort to end a dispute between the two countries over the oil-rich Bakassi peninsula ended Friday with no agreement. The UN representative at the talks, Ahmedou Ould-Abdallah, announced that the Commission would refer the matter back to UN Secretary-General Kofi Annan, President Olesegun Obasanjo of Nigeria and President Paul Biya of Cameroon (official site in French). As previously reported by JURIST's Paper Chase, the peninsula was the subject of a recent International Court of Justice ruling (text here) which assigned possession of the disputed region to Cameroon. Nigeria failed to hand over the territory on the scheduled 15 September deadline and the two countries have been engaged in informal talks since then to resolve the situation peacefully. Nigerian Foreign Minister Bola Ajibola promised the return of the territory, saying that Nigeria was only waiting for the "right time" to do so. Read the official UN News Centre release here.