The $100 Oil Opportunity: What Nigeria Should Do Differently

With Brent crude trading above $100 per barrel, Nigeria has an opportunity to earn a significant windfall, far above its 2026 budget benchmark of $64.85. However, the country has a history of squandering oil booms, leading to debt and abandoned projects when prices fall. The article argues that Nigeria must develop discipline to prevent another cycle of boom and bust. It also notes that oil theft, pipeline vandalism, and regulatory delays amount to economic sabotage.

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