Nigeria's Niger Delta violence will be hard to resolve
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Significance It is hobbling the critical hydrocarbon sector through high-profile attacks on oil installations. Impacts The government's decision to let the naira currency float freely against the dollar will improve relations with investors and donors. However, the naira's sharp depreciation will likely drive up inflation, exacerbating grievances over living costs. Progress on displacing Boko Haram from its main areas of operation will continue; the group may retaliate with bombings in urban areas. New oil infrastructure deals with China earlier with this week will improve Nigeria's refining capacity, but only in long term.
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