This is apparently not the best of time Nigeria and other crude oil producers as the commodity’s prices dropped below $30 a barrel for the first time in 10 years.On a more worrisome note, a recent survey by Market Realist showed that the country is among those with highest cost of production among the 13 member of Organisation of Petroleum Exporting Countries (OPEC), with about $31.60 to produce a barrel of crude.
Read more @ Guardian Online
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