Nigeria loses $14bn to oil production deferments

Nigeria loses $14bn to oil production deferments

OpeOluwani Akintayo 25 January 2018, Sweetcrude, Lagos – Nigeria lost over $14 billion to oil production deferments in 2016, according to figures released by the Department of Petroleum Resources, DPR. The oil industry regulator said in its 2016 Oil and Gas Industry Report, the latest such report published by the agency, that the country lost a …

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