Oil Will Stop Being Profitable, Says Nigeria's VP

Vice President Yemi Osinbajo has asked the people and investors in the Niger Delta region to make effective use of the proceeds from oil, saying the product may soon become unprofitable.  Painting a gloomy future of oil in the Niger Delta area of the country, Osinbajo said; "Many countries are getting alternatives to oil, the development which would make the resource unprofitable in a few years.

Photo: Vanguard

(file photo).


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