Nigeria's oil producers are clinging to razor-thin margins despite crude prices hovering around $70. After paying for production and protection, many firms are left with profits between $5 to $7 per barrel.
Indigenous producers surveyed by BusinessDay said they are fighting for survival as produc
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
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.
