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European Union gives Nigeria $1 billion 'for peace'

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Militants have been demanding a greater share of the oil wealth The European Commission has signed a $1bn (£602m) development pact with Nigeria, aimed at tackling corruption and promoting peace. A substantial amount of the funding will be spent on resolving conflict in the oil-rich and crime-plagued Niger Delta, the EU’s development chief said. The money will also target electoral reform and... 
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