The Organization of Petroleum Exporting Countries (OPEC) has jacked up Nigeria’s daily oil production quota to 1.799 million barrel per day (mbpd), thereby raising the quota by about 27,000 barrels from the current 1.772 mbpd with effect from July 2022. The latest oil production quotas released on Thursday at the end of the 29th OPEC […]
The Centre for the Study of the Economies of Africa (CSEA), a think tank research firm focusing on activities in Africa’s economies, has urged the Federal Government to strengthen security in the oil producing areas as a step towards improving productivity and halting the dwindling revenues from the nation’s hydrocarbon resources industry. The think tank […]