Nigeria targets $4.5b oil, gas cost savings by December

Nigerian National Petroleum Company Limited (NNPC) has said the country’s oil and gas industry is on course to save between $3 billion and $4.5 billion in operational costs this year, while pursuing investment inflows of $30 billion by 2027 and $60 billion by 2030, in line with presidential directives.

Waliat Musa and Abigail Ikhaghu