Oil firms fail to invest despite strong profits – NESG
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Nigeria's petroleum sector saw a sharp slowdown in economic growth during the first half of 2026. Crude oil production remained relatively stable during this time. However, growth was hindered by inadequate electricity supply.
Nigeria’s petroleum sector recorded a sharp slowdown in economic growth in the first half of 2026 despite maintaining relatively stable crude oil production, as inadequate electricity supply and… Read More: https://punchng.com/oil-firms-fail-to-invest-despite-strong-profits-nesg/