Nigeria faces fresh challenges as oil production, reserves fall
• 40b reserves, 4m bpd remain a mirage 10 years after • 2022 budget revenue projection faces fresh hurdles amid divestment • Govt owes oil company $1.4b in cash call • Petrol subsidy: FG to continue bridging cost payment despite PIB Widening deficits, poor crude oil production, rising subsidy payments and lingering foreign exchange challenge […]
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