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Economy

Imo Losing Billions Through Oil Production Misreporting, Uzodimma Tells RMFAC

Imo Losing Billions Through Oil Production Misreporting, Uzodimma Tells RMFAC

By OUR REPORTER · 06/05/2026 05:45 PM · 3 min read

Governor says inaccurate crude oil reporting, weak monitoring systems and boundary disputes have deprived Imo State of revenues due to it for years

More in Economy

NADDC Intensifies Push for Made-in-Nigeria Vehicles

NADDC Intensifies Push for Made-in-Nigeria Vehicles

DG Oluwemimo Osanipin says local vehicle patronage by public institutions will strengthen manufacturing, create jobs, and retain economic value within Nigeria

Ozioma Iwuh · Jun 4, 2026

Foreign Reserves Hit $49.58bn as CBN Strengthens Economic Buffers

Foreign Reserves Hit $49.58bn as CBN Strengthens Economic Buffers

Latest figures strengthen Nigeria’s position against external shocks and exchange rate pressures

Our Reporter · Jun 3, 2026