Absence of bid rounds in 12 years worsens revenue — Stakeholders

Except urgent steps are taken, indications are that the country could lose its place as a top oil and gas producer due to decline in crude oil reserves and stagnating production level. This has hovered around 1.5 million to 2 million barrels per day in the last few years.

by Kingsley Jeremiah, Abuja

Worries over oil sector as Buhari returns as minister

by Femi Adekoya, Wole Oyebade, Seye Olumide, Leo Sobechi (Lagos), Terhemba Daka, Azimazi Momoh Jimoh, Collins Olayinka, Kingsley Jeremiah, Adamu Abuh, Kanayo Umeh, Joke Falaju, Cornelius Essen, Tina Abeku (Abuja), Muyiwa Adeyemi, Rotimi Agboluaje (Ibadan), Ayodele Afolabi (Ado Ekiti), Joseph Wantu (Makurdi) and Julius Osahon (Yenagoa)