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Market holds breath as Nigeria goes to polls

Energy markets have been on edge in case Nigeria’s month-long elections spark violence against oil and gas installations in the volatile Niger Delta

THE ENERGY industry has been targeted during previous elections by militant groups seeking greater freedom and a larger share of oil revenues for the region. Worries were heightened by delays in holding the first stage of the polls – which should have taken place earlier in April – because of a failure by the electoral commission to ensure voting equipment was installed in time. So far, there have been deadly riots in northern Nigerian regions after incumbent Goodluck Jonathan won the presidential election in early April, with the markets braced for more violence during and after the state gubernatorial polls on 26 April. Hundreds are feared dead in the mainly Muslim north after Jonathan,

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