The price of Brent crude, the benchmark of Nigeria’s major export grade, dropped below its cost of production, settling at $30 on Monday, bringing ugly resonances of the economic downturn of 2016.
Nigeria has one of the highest crude production costs among Organisation of Petroleum Exporting Co
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Oladehinde Oladipo
Dipo Oladehinde is a skilled energy analyst with experience across Nigeria's energy sector alongside relevant know-how about Nigeria’s macro economy.
He provides a blend of market intelligence, financial analysis, industry insight, micro and macro-level analysis of a wide range of local and international issues as well as informed technical rudiments for policy-making and private directions.