Business

World Bank forecasts partial oil production recovery for Nigeria by 2025

The World Bank has projected that Nigeria’s crude oil production will recover between 2024 and 2025, however, the Bank also says that the expected recovery will still be below assigned quota figures from the Organization of Petroleum Exporting Countries (OPEC).


The World Bank stated this in its October 2023 report, titled Africa’s Pulse 


In the report, the World Bank wrote: