Why Nigeria Is Still Falling Short Of Its Oil Target Despite A Crude Price Surge
By OBI DAVIES & ESTHER McWILLIS-IKHIDE The Numbers Behind Nigeria’s Oil Dilemma NIGERIA’S oil industry is confronting a familiar contradiction: international crude prices are offering the country an opportunity to earn more, yet domestic production remains below the level assumed in the 2026 budget. The latest production figures reveal both progress and a persistent weakness. […]
