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Here is why Nigeria’s oil GDP is at the lowest since 2016

… Production slumps to four-year low in 2020

Nigeria’s oil and gas sector is currently at its lowest ebb since 2016 as a delay in implementing key legislative reforms compounds problems for a sector still reeling under the weight of Organisation of Petroleum Exporting Countries (OPEC)+ output cuts and the impact of the coronavirus. Latest data from the National Bureau of Statistics (NBS)…

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