Publication
Nigeria’s oil policy at a crossroads
Nigeria has long been battling structural problems, particularly in its economy and oil sector. The Covid-19 pandemic and subsequent economic shocks only magnified them.
Nigeria has long been battling structural problems, particularly in its economy and oil sector. The Covid-19 pandemic and subsequent economic shocks only magnified them.
Oil markets seem almost frozen, with prices hovering around $40 per barrel (bbl) in June and July after initially recovering rapidly in May.