group continues to attack civilians and security forces in Nigeria’s northeast. Meanwhile, militant groups in the oil-rich Niger Delta have been linked to a series of recent attacks on oil and gas facilities in the area, which was wracked by conflict in the mid-2000s.
A Nigerian Cabinet minister said in January that the attacks were costing the country $2.4 million a day. This instability in both the northeast and the south, combined with plummeting oil prices, has hammered Nigeria’s economy. (Oil revenue constitutes 35 percent of Nigeria’s gross domestic product, and 90 percent of the country’s export revenue comes from oil.)
In December, Buhari said he expected the country’s budget deficit to double in 2016 and capital expenditures to triple, as the government tries to revive growth.
Now, as pro-Biafra groups step up their demands for a breakaway state, the
