The Natural Resource Governance Institute says NNPC’s heavy oil spending could fail to pay off if the energy transition speeds up, and wants a rethink.
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In the NewsOil & Gas
OPEC Disputes Nigeria’s Oil Production Figures as Energy Security Challenges Persist
Nigeria’s crude output discrepancy with official figures highlights production challenges, despite being OPEC’s top producer in Africa.
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Nigeria requires $7.6 billion to elevate oil output to 2.1 million bpd by 2025, amidst energy sector shifts.