Nigeria's oil curse: A toxic legacy and a bleak future

    Top Stories | Aug 31, 2024    
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For decades, Nigeria's oil industry has been heralded as the lifeblood of the nation's economy. Once regarded by Shell as the "jewel in the crown" of its global operations, Nigeria's oil sector now stands on the brink of collapse. The recent wave of divestments by multinational oil giants signals more than a mere corporate shift—it heralds the onset of a catastrophic economic unravelling that Nigeria is woefully unprepared to handle.

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