After sluggish growth in the first three months of this year, Nigeria’s petroleum industry has crawled into negative growth mode thanks to COVID-19 induced shut-down of world economies, and recovery requires quickened reforms in the sector. In the three months ending June, real growth in the oil sector contracted by 6.63 percent year-on-year, indicating a…for further reading, click on https://businessday.ng/energy/oilandgas/article/slow-reform-may-worsen-covid-19-induced-negative-growth-in-nigerias-petroleum-sector/
SOURCE: BusinessDay Newspaper Aug25,2020.