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961 million barrels slump in Nigerian oil reserves category
March 18, 2018

961 million barrels slump in Nigerian oil reserves

As a consequence of low investment in exploration by oil firms, Nigeria has recorded a fall of 961.47 million barrels in four years. This is in contradiction to the Federal Government’s target of increasing crude reserves. Considerable challenges and opportunities are surfacing for Nigeria as new oil from unconventional reserves is being explored. The emergence and rising significance of green energy is further adding to it.

   Read More About : Africa Exploration Investment Nigeria
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