Browsing: Nigerian National Petroleum Company

• Nigeria’s oil crisis has steadily grown over the past few months. Today, Nigeria’s crude oil sector has become more of a liability.
• Traffickers have worked with corrupt officials have established an illegal oil pipeline running through the Niger River Deltar.
• President Tinubu plans to remove all policy or procedural bottlenecks that aid corruption and theft in the oil sector.

Nigeria has one of the fastest-growing industries compared to most of its peers in West Africa. Its diverse economy and adaptive governments have led to numerous markets. As a result, this West African country houses five out of eleven unicorn startups registered in Africa.

Despite its advancements within the Fourth Industrial Revolution, Nigeria has forsaken several core economic activities that have driven its progress for years. For instance, Nigeria’s petroleum industry, a primary economic activity within the region, has recently faced numerous hurdles. Nigeria’s oil crisis has steadily grown …