GLOBEALERT
BUSINESS● ELEVATED1h ago · Oct 11, 2026, 4:31 PM

Nigeria risks losing 38% of oil projects to energy transition — NRGI

Vanguard Nigeria · sub saharan africa

By Folarin Kehinde The Natural Resource Governance Institute (NRGI) has warned that Nigeria risks failing to recover investments in 38 per cent of its upstream oil and gas projects, urging the Federal Government to reassess its petroleum investment strategy amid the global energy transition. The institute cautioned that some projects could become commercially unviable as […] The post Nigeria risks losing 38% of oil projects to energy transition — NRGI appeared first on Vanguard News.

GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.

More in Business