A blockade of Nigeria's parliament on Tuesday by security forces that prevented lawmakers from entering for up to an hour was done without the presidency's knowledge, said the acting president who sacked the head of the security agency.
Over the past few years, Nigeria, Africa’s top oil exporter, has been beset by a multitude of problems, notably decreased crude production and exports, oil theft and pipeline attacks, stalled economic reforms and recovery, and the threat of oil price volatility. While the Nigerian oil industry has been cautiously optimistic about overcoming these upheavals in 2018, the nation has and will continue to face several acute challenges.
Violence in Nigeria between semi-nomadic cattle herders and settled farmers has killed around six times more people than deaths related to the Boko Haram insurgency in the first half of 2018, and poses a major threat to the country’s stability, the International Crisis Group (ICG) said on Thursday.
Nigeria, one of Africa’s two wealthiest economies, has overtaken India as home to the world’s greatest concentration of extreme poverty, amid warnings that the continent will host nine out of 10 of the world’s poorest people within 12 years.
Nigeria has overtaken India as the country with the largest number of people living in extreme poverty, with an estimated 87 million Nigerians, or around half of the country's population, thought to be living on less than $1.90 a day.