As Brent crude prices declined by 4.44 per cent to $71.92 per barrel following easing supply concerns over the Strait of Hormuz, Nigeria’s sustained increase in crude oil production is helping to cushion the impact on the economy. Amongst other measures, one of the major factor behind the production surge is the restoration of peace and stability across the Niger Delta championed by Tantita Security Services Nigeria Ltd, whose pipeline surveillance operations has helped curb crude oil theft and pipeline vandalism, thus enabling Nigeria to mitigate some of the revenue losses associated with falling global oil prices. Uzoma Mba reports

With Brent crude prices declining by 4.44% to $71.92pb on on easing supply concerns over stranded oil tankers at the

As Brent crude prices declined by 4.44 per cent to $71.92 per barrel following easing supply concerns over the Strait of Hormuz, Nigeria’s sustained increase in crude oil…