Oil attacks in 2016 cost Nigeria up to $100 bn: minister

Militant attacks on key oil facilities last year reduced Nigeria's output by one million barrels per day, resulting in a revenue loss of up to $100 billion (94 billion euros), according to the government."At the highest point of this last year, we were producing 1.2 million barrels, which means we were losing literally a million barrels of oil per day," the junior oil minister Ibe Kachikwu said on Tuesday.The violence in the oil-producing south sent Nigeria in a tailspin, exacerbating the slump