With an eye on the national budget, Nigeria’s state oil company said it would work closely with police in an effort to tackle militant threats. The Nigerian National Petroleum Corp. pledged to coordinate with the national police force on ways to address what the oil company said were “incessant attacks” on oil and natural gas installations in the country. According to NNPC Managing Director Maikanti Baru, “the attacks on oil and gas facilities are taking a toll on the national budget with massive shortfalls in revenue as well huge losses in petroleum products, environmental degradation, refineries shutdown and loss of lives.” The International Monetary Fund said the downturn in the Nigerian economy was a primary contributor to contraction in Sub-Saharan Africa, adding the […]