..FG’s N20trn oil revenue threatened The sustained downturn in global oil prices is casting a long shadow over Nigeria's energy sector, raising concerns about the prospects for Foreign Direct Investment (FDI) in crucial oil and gas projects. Oil prices slid on Monday, dipping below $75 per barrel, a critical threshold for Nigeria’s oil-dependent 2025 budget as escalating trade tensions between the United States and China stoked fears of a recession that would reduce demand for crude. At the time of writing, Br
..FG’s N20trn oil revenue threatened The sustained downturn in global oil prices is casting a long shadow over Nigeria's energy sector, raising concerns about the prospects for Foreign Direct Investment (FDI) in crucial oil and gas projects. Oil prices slid on Monday, dipping below $75 per barrel, a critical threshold for Nigeria’s oil-dependent 2025 budget as escalating trade tensions between the United States and China stoked fears of a recession that would reduce demand for crude. At the time of writing, Br