In Nigeria as petrodollars fade, the chickens come home to roost
...FG, states in dire straits with oil revenues down 80%
A bleak future without petrodollars is something Nigeria has been warned about for years, yet the day of reckoning has caught the government unprepared and scampering for a way out against the odds. The times have rapidly changed for Africa’s largest oil producer facing a “double whammy”, as the minister of finance, Zainab Ahmed, put…
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