Amid FX Squeeze, Nigeria Records 42m Barrels Oil Production Deficit in Five Months
kolaking.substack.com
Emmanuel Addeh in Abuja As Nigeria continues to borrow to counter the prolonged reduced foreign exchange inflow into the economy, a THISDAY analysis of available data has shown that the country lost as much as 42 million barrels of crude oil to underproduction between January and May, 2024.
Amid FX Squeeze, Nigeria Records 42m Barrels Oil Production Deficit in Five Months
Amid FX Squeeze, Nigeria Records 42m Barrels…
Amid FX Squeeze, Nigeria Records 42m Barrels Oil Production Deficit in Five Months
Emmanuel Addeh in Abuja As Nigeria continues to borrow to counter the prolonged reduced foreign exchange inflow into the economy, a THISDAY analysis of available data has shown that the country lost as much as 42 million barrels of crude oil to underproduction between January and May, 2024.