Aging pipelines cripple Nigeria’s oil revenue

The Central Bank of Nigeria (CBN) has attributed the sharp decline in oil revenue during the third quarter of 2024 to ageing pipeline infrastructure and operational inefficiencies.

In its latest economic report for Q3 2024, the apex bank revealed that oil revenue dropped by 24.72% to ₦1.30…

Aging pipelines cripple Nigeria’s oil revenue …C0NTINUE READING >>>>

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