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Nigeria: Report Warns Oil Below $80 Per Barrel Puts Nigeria's 2026 Budget At Risk, Projects N750/Litre Fuel Price

2 Jul 2026, 05:20 GMT

[This Day] Nigeria faces a direct fiscal alarm bell in the third quarter (Q3) of 2026 as crude oil price dips below $80 per barrel amid fragile global stability, with the Society of Energy Editors (SEE) warning that oil below $80 would be a stress test the country's economy cannot afford to misread.