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Nigeria corruption crackdown could hurt oil production – Business Insider

Nigeria corruption crackdown could hurt oil production – Business Insider

Back in the 2000s, armed militants in the Nigeria’s oil-rich Niger Delta were routinely able to keep hundreds of thousands of barrels of oil off the market.

One group in particular, the Movement for the Emancipation of the Niger Delta (or MEND), managed to slash the OPEC member’s oil output by 50%…

Source: Nigeria corruption crackdown could hurt oil production – Business Insider