
Minister Lokpobiri Blames Underperforming Upstream Sector for Nigeria’s Oil Industry Struggles
Senator Heineken Lokpobiri, the Minister of State for Petroleum Resources, criticized the performance of companies operating in Nigeria’s upstream oil sector, attributing the underperformance of the oil and gas industry to their actions. Despite contributing over 90 percent of Nigeria's foreign exchange earnings, the petroleum sector contributes less than five…