Nigeria may have lost approximately N148.8 billion in oil revenue on Monday due to an industrial action by the Organised Labour in protest of the Federal Government’s proposed N60,000 minimum wage. According to the Nigerian Upstream Petroleum Regulatory Commission, Nigeria produces 1,281,478 barrels of crude oil daily (excluding condensates). With Brent crude trading at $78.27 … Continue reading Minimum Wage: Nigeria Loses N149bn in One-Day Oil Workers’ Strike