Nigeria loses N2.79b daily as workers evacuate Niger Delta following the continuous bombing of oil facilities

Nigeria is losing about N2.79 billion daily following the closure of ExxonMobil operated Qua Iboe terminal, whose workers were evacuated yesterday. Qua Iboe is Nigeria’s largest crude oil stream and exports usually more than 300,000 barrels per day. At the current oil price of $47 per barrel, the country is bound to lose billions of […]

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