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Home Business

World band discloses that Nigeria’s oil production falls over poor maintenance

3 years ago
in Business
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World band discloses that Nigeria’s oil production falls over poor maintenance

The World Bank has said that Nigeria’s oil production declined in 2021 due to a lack of maintenance and the loss of infrastructure efficiency.

It added that Nigeria was yet to benefit from increasing oil prices as a result of declining oil production and fuel subsidy.

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