Political Struggles Threaten Nigeria’s Oil Production Recovery ...Middle East

OILPRICE - Economy
Political Struggles Threaten Nigeria’s Oil Production Recovery
Just as Nigeria had started to increase its oil and gas production under President Bola Tinubu, a series of blasts and fires at major pipelines are threatening to unravel the progress Africa’s top crude producer has made. A political feud and crisis reminded the oil market that pipeline sabotage and politically-motivated vandalism in Nigeria’s oil-rich states is always lurking around the corner. In the Rivers State in the Niger Delta, where a large part of the country’s oil is produced and exported, at least three explosions and…

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