Nigeria’s Budget Deficit to Worsen As NLNG Declares Force Majeure

Nigeria’s flood disaster that is rapidly escalating across its states has created further economic challenges for the country. In addition to over 600 deaths, more than 1.4 million displaced persons, and submerging farmlands across Nigeria, the flood is set to exacerbate the country’s insufficient revenue generation. Bloomberg reports that Nigeria Liquefied Natural Gas (NLNG) Ltd. … Continue reading Nigeria’s Budget Deficit to Worsen As NLNG Declares Force Majeure