Summary Iran has invited Nigeria's president to visit soon, suggesting that the two countries could be coordinating their positions so that they can oppose the extension of oil production cuts agreed to by the Organization of Petroleum Exporting Countries (OPEC) last year. Both Iran and Nigeria have good reason to cash in on current high oil prices and both have histories of cheating on OPEC quotas. If this occurs again, not only will oil prices drop, but the warming relations between Iran and Saudi Arabia could cool as well. Analysis Iran's Foreign Ministry announced Jan. 11 that Nigerian President Olusegun Obasanjo accepted an invitation to visit Iran soon. The invitation was extended to Obasanjo by Iran's ambassador to Nigeria, on behalf of Iranian President Mohammad Khatami. The Iranian Foreign Ministry's press statement added that a date for the visit had not yet been fixed.