‘OPEC cap of Nigeria’s oil production is a dis-incentive for new investments’

by | July 25, 2017 11:46 am

Stakeholders in the Nigerian oil and gas industry say Monday’s OPEC decision to cap Nigeria’s oil production is a bad omen for the oil industry and Nigeria’s economy, especially when the budget proposal is based on 2.2 million barrel per day and at $44.5 per barrel. They spoke against the background of the decision of…

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