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Vol 61 No 10

Published 14th May 2020


Nigeria

Into the land of empty

The oil price crash and the pandemic have the potential to force the diversification of the economy and end the patronage system

In the boom times, oil and gas generated 95% of the country's export revenues and the recycling of that cash powered over 60% of the economy. In the teeth of the coronavirus, its main cities closed and regional trade paralysed, the boom is over.

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