Search

Political Rift in Nigeria’s Oil Hub Threatens 2025 Budget

Rivers State, Nigeria. © Rey T. Byhre / Alamy Stock Photo
  • Dispute between Rivers governor and predecessor raises oil export risks
  • Armed group warns of attacks on oil installations if impeachment proceeds

Abuja, Nigeria – A political battle in Nigeria’s oil heartland is threatening to destabilise the country’s economic lifeline. In Rivers State, home to the nation’s largest crude exports, a power struggle between Governor Siminalayi Fubara and his predecessor, Nyesom Wike, has escalated into a high-stakes confrontation that could disrupt oil production and imperil the 2025 budget.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


By signing in, you agree to receive Allen Dreyfus newsletters and updates. You can unsubscribe at any time.

Recent Business

Foodstuff being moved to the market in Accra, Ghana. Photo by Zeal Creative Studios @ Pexels
Nigeria’s poor spend beyond earnings. Can reforms deliver?
Read More »
Street vendor selling goods in traffic in Ghana. Photo by Carbell Sarfo @Pexels
Ghana’s treasury bill bids plunge 40%. Is demand fading?
Read More »
Industrial gas valves outdoors. Photo by David Brown @ Pexels
Will Tanzania's gas find deliver? Investors await proof
Read More »

Recent Politics

Foodstuff being moved to the market in Accra, Ghana. Photo by Zeal Creative Studios @ Pexels
Nigeria’s poor spend beyond earnings. Can reforms deliver?
Read More »
Fuel tanker truck navigating city roads. Photo @ Pexels
Can West Africa afford its rising fuel subsidies?
Read More »
Photo by Fran Ben @ Pixabay | Senegal
Can Senegal’s budget revolt derail its IMF rescue?
Read More »

Latest Posts

Latest news insights