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.

You need an active subscription to continue reading this article.

Recent Business

hassan-kibwana-mvQpDUj06T8-unsplash
Kenya's business activity contracts sharply amid protests, weak demand
Read More »
Breaking News
Ethiopia set to begin historic domestic gas production
Read More »
muhammad-taha-ibrahim-K32RRhbupME-unsplash
IMF warns Nigeria recovery fragile despite reform gains
Read More »

Recent Politics

james-wiseman-IebZAH6kaNw-unsplash
Trump pushes trade-first Africa strategy to counter rivals
Read More »
Allen dreyfus Logo
Elombi steps into Afreximbank leadership amid mounting regional debt pressure
Read More »
edouard-tamba-oTrwlvPvpVo-unsplash
Northern defections rattle Biya’s rule ahead of Cameroon’s October election
Read More »

Latest Posts

Latest news insights