How Many Barrels of Oil Stolen a Day in Nigeria? Buhari in Right Ballpark With 250,000
President Muhammadu Buhari claimed recently that about 1 million barrels of crude oil were stolen a day under the last government. He may be nearer the mark saying 250,000. On a visit to the US in late July, President Muhammadu Buhari told an audience at the Nigerian Embassy he wanted to put an end to […]
Angolan industrial sector experiencing cost of cheap oil
At the beginning of the year, Fibrex, a Luanda-based manufacturer, took delivery of a new $1m Chinese machine to boost its production of the large polyethylene pipes critical to sewerage and water networks With an eye on the Angolan government’s planned infrastructure spend for 2015, the company was expecting a bumper year and the kit […]
