Nigeria faces heavy CAPEX losses as global energy transition shaves 2% off world GDP
BEN EGUZOZIE
August 14, 2023
74% of CAPEX already lost due to defunding of fossil fuel Federal revenue to dip further from fossil fuel funding reduction
Infrastructure to worsen in 2019 as FG cuts CAPEX by 10.54%
Nse Anthony-Uko in AbujaOctober 22, 2018
Of N500bn cut, N330bn is from CAPEX CAPEX now 27% vs. recurrent at 73% The Nigerian government is putting the butcher’s knife through
ExxonMobil to spend highest CAPEX per barrel in Africa’s Chad Republic in $39.2bn budget to 2021
Bukola OdufadeJanuary 23, 2018
In an expenditure outlay of $39.2 billion for its upstream crude oil production projects estimated to 2021, oil major, ExxonMobil,