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Dwindling oil production: South-South governors, security chief meet in Abuja

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Nigeria’s oil and gas sector has in recent years faced an unprecedented rise in oil theft, sabotage, oil spills and insecurity which has left a huge blow on its crude oil production output.

The situation is so bad that Nigeria has for a while now failed to meet its OPEC crude oil quota.

Our Correspondent Folashade Ogunrinde in this report, takes a look at how the rising challenge poses a significant hindrance to Nigeria’s ability to meet up its budget funding.




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