Reining in the collapse of Nigeria’s oil industry

Twenty years down the road, the industry has taken a definite, almost predictable downward slide

In 1990, Nigeria’s average daily oil production was about 1.85 Million barrels and rising, having recovered from a low of 1.3Million barrels in 1983. Oil reserves at the time stood at about 16 Billion barrels. The then Petroleum Minister, Jibril Aminu, a professor of Medical Sciences, announced

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