Here are details of what Nigerians stand to lose despite the oil price that pushed their country’s Excess crude earnings to $43.2m in 24 hours Crude oil, Nigeria’s biggest revenue earner, hit $71.38 per barrel on Monday, being the highest point in 14 months. This new price, which pushed Nigeria’s excess crude earnings on 1.8 million barrels output to OPEC market to $43.2 million in one day, worsened the forecast for high price of refined petroleum product for the country, which depends largely on import to service its local…
Read More