Day: August 31, 2020
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The oil price/production paradox
Nigeria’s public finances work well when oil prices are above US$50.00/bbl (better still, above US$60.00/bbl). Though prices are trending in that direction the prospect the Democratic Party winning November’s presidential election puts a question mark over the trend next year.  And the Organization of the Petroleum Exporting Countries (OPEC) insists on Nigeria cutting its production […]
