Nigeria’s Oil Margins Fall to $5–$7 Per Barrel
Автор: News Central TV
Загружено: 2026-02-20
Просмотров: 51
Описание:
Despite global crude prices nearing $70 per barrel, Nigerian oil producers are only managing $5–$7 margins, pointing to significant challenges in the sector. High operating costs, insecurity, oil theft, regulatory hurdles, and financing constraints continue to eat into profits. In this discussion with AbdulMajeed Amussah, CEO & Founder of DEER Nigeria, we dive deep into the factors behind this margin squeeze, the implications for Nigeria’s oil industry sustainability, and what must be done to address security concerns and improve profitability.
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