Despite Meeting OPEC Quota, Price Drop Threatens Nigeria’s...

Despite meeting OPEC quota, price drop threatens Nigeria’s...

The federal government’s ability to meet up with its targeted revenue of N41trn to foot the 2025 budget is becoming a tall order with the instability in the global price of oil. This is even as the government has met the production quota given by the Organisation of Petroleum Exporting Countries (OPEC) thrice during the year. Analysis showed that between April and August, the global oil price experienced a significant drop, influenced by a combi…

Price Drop Threatens Nigeria's Capital Projects Despite OPEC Quota Compliance - Economi Confidential

Price Drop Threatens Nigeria’s Capital Projects Despite OPEC Quota Compliance   The Federal Government’s ability to meet up with its targeted revenue of N41trn to foot the 2025 budget is becoming a tall order with the instability in the global price of oil. This is even as the government has met the production quota given […] The post Price Drop Threatens Nigeria’s Capital Projects Despite OPEC Quota Compliance appeared first on Economi Confiden…