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  • Nigerian President Muhammadu Buhari could hurt himself with his own iron fist by deploying soldiers against popular protests.

  • The former military ruler risks even Mawr anger trouble spreading to the oil producing *** Delta wood floor on already tottering economy.

  • Tensions flared this week after soldiers killed at least 12 demonstrators in Lagos, according to Amnesty International.

  • Stock Market Lost Muchas 1.5% on the scenes rekindled memories of Buhari's first term in office after 1983 coup.

  • Africa's biggest economy will also struggle to cope with any escalation.

  • With crude exports accounting for 90% of foreign exchange.

  • This year's oil price slump may shrink the economy by 4% on lockdowns with those states.

  • Safety nets have bean painful.

  • The best antidote will be to give Nigerians money rather than a kicking butt.

  • Buhari's hands are tied.

  • Next year's budget deficit already tops illegal spending limit.

  • On a bigger problem will be unrest in the delta, home to the oil industry.

  • Bihar is spending plans assume 1.9 million barrels of crude today, but historically militants have reduced that significantly by blowing out pipelines.

  • Outages could even squeeze Nigeria's currency.

Nigerian President Muhammadu Buhari could hurt himself with his own iron fist by deploying soldiers against popular protests.

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    林宜悉 posted on 2020/10/24
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