New African "Nigeria’s position as the eighth largest producer of crude oil and possessor of the world’s fifth largest reserves of natural gas is almost entirely dependent on resources existing in the Niger Delta where the mere whisper of unrest sends world oil prices spiralling upwards. The Delta is where the core of the Nigerian economy rests, but on a foundation of volatile uncertainty. In this report, Lindsay Barrett looks at what the future holds for the Delta and global oil prices as aggrieved militants in the region threaten Nigeria’s oil production."
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