Until recently when several cartels of crude oil theft were busted in the Niger Delta region, Nigeria’s oil export had suffered setbacks as product crashed rash to around 900, 000 barrels per day last September, according to OPEC.
He said, “Crude theft affects all architecture that funds the country. When the oil theft reached its peak, everything including gas production was affected. Wunti further disclosed that oil production had risen to 1.59 million barrels per day during that period. Meanwhile, experts have argued that Africa, Nigeria inclusive, needs to diversify its economy away from oil and gas.
That means the price will increase again
Nothing crashed, Nigeria politicians is vultures
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