Nigeria likely to lose Africa’s top oil producer status next year

by | July 15, 2013 10:30 am

Nigeria may be on course to losing its ranking as the biggest oil producer in Africa to Angola, as rising crude oil thefts, delay over the passage of the Petroleum Industry Bill (PIB) and other complications, are taking a heavy toll on the country’s production volume, while Angola is ramping up production with a few…

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