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Nigeria: Nigeria's Oil Reserves Sliding to 36bn Barrels Over Untapped Frontiers, Idle Assets, Nape Warns

[This Day] The President of the Nigerian Association of Petroleum Explorationists (NAPE), Mrs. Olajumoke Ajayi, has warned that Nigeria’s proven oil reserves which have already declined from 38 billion barrels a couple of years ago to now 37 billion barrels may slide further to 36 billion barrels if frontier basins remain unexplored and undeveloped assets continue to lie idle.

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