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Nigerian Petroleum Corporation (NNPC) has alerted that the Nigeria's oil reserves are dwindling

Last updated:

Mon, 21 Dec 2009 15:06:00 +0000

THE Nigerian Petroleum Corporation (NNPC) has alerted that the Nigeria's oil reserves are dwindling to the extent that the nation's Organisation of Petroleum Exporting Countries (OPEC) quota might be under threat if the slide is not checked. The corporation has however set a target of $29 billion (about N1.8 trillion) revenue from petroleum resources in 2010.

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