Middle East & Africa: Macroeconomic overview
Gas and LNG production in Nigeria is at risk of being severely affected by sabotage of the country’s infrastructure.
Nigeria’s government has failed to come up with a solution to prevent attacks by the newly formed Niger Delta Avengers (NDA). The militants have been responsible for blowing up oil production infrastructure – including that of IOCs – in the Niger Delta. The NDA has so far ignored calls by the government to negotiate and says it wants to create a sovereign state in the Delta.
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