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Lack of investment reason for low oil production, decrease in forex earnings

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The Nigerian Content Development and Monitoring Board, NCDMB, says lack of investment in the country's oil sector is the reason for low production and

The Nigerian Content Development and Monitoring Board, NCDMB, says lack of investment in the country’s oil sector is the reason for low production and decreased foreign exchange earnings.

He stressed that outside crude oil vandals, lack of investment in the oil and gas sector has impacted the country’s production capacity.

 

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