Okunbor said that pipeline vandalism was the main reason Nigeria elapsed into recession in 2016, adding that the country was losing about 300,000 barrels per day due to sabotage at the time when oil prices were at historic lows.
Browsing: Mr. Osagie Okunbor
Michael James 21 November 2017, Sweetcrude, Lagos – Shell and bio-bean are helping to power some of London’s buses using…
Nigeria recorded the biggest drop in output in March among its peers in OPEC, followed by Saudi Arabia, the group’s biggest producer. The 13-member cartel, in its latest monthly oil market report for April, said Nigeria recorded the biggest decline of about 157,000bpd in the period under review.