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Election uncertainty, oil price kill construction in Nigeria

By Julia Payne ABUJA (Reuters) - Political uncertainty over Nigeria's election on Saturday and economic turmoil from low oil prices have delivered a double blow that has slashed revenues and triggered layoffs for businesses across Africa's biggest economy. "The situation is terrible and there is more ... to come," one construction industry source told Reuters. "There is a desperate lack of funds ...
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Added March 23, 2015
from Yahoo Nigerian News