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OIL AND GAS
Report Warns Oil Below $80 Per Barrel Puts Nigeria’s 2026 Budget at Risk, Projects N750/Litre Fuel Price
THISDAY
Jul 1, 2026 · 16:12 WAT
A new report warns that crude oil prices dropping below eighty dollars per barrel in 2026 threatens Nigeria's fiscal budget stability. The analysis also projects fuel prices rising to seven hundred and fifty Naira per litre, raising concerns about wider macroeconomic pressures.