UN names Nigeria among oil exporters set to benefit from higher energy prices
Nigeria is among the oil and gas exporters positioned to benefit from higher global energy prices, although rising refined fuel costs could offset some of the gains. The post UN names Nigeria among oil exporters set to benefit from higher energy prices appeared first on Nairametrics .
The United Nations Conference on Trade and Development (UNCTAD) has released its 2026 Trade and Development Report, highlighting that Nigeria is among several oil and gas exporters that could benefit from higher global energy prices due to the conflict in the Middle East. However, the report warns that increasing domestic refining capacity is crucial, as insufficient capacity could mean that some of these gains are offset by higher refined petroleum product prices.
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