Nigeria: Nigeria Records 79 Percent Reduction in Crude Oil Theft ...Middle East

Economy by : (allafrica) -
[Daily Trust] Nigeria recorded 79 per cent reduction in crude oil theft, 15% decline in oil and gas revenue as well as 8% decrease in production volumes between 2022 and 2023 with the reserve-replacement ratio steadily declining, the Nigeria Extractive Industries Transparency Initiative (NEITI) has said.

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