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ThisDay Live·September 7, 2026 at 11:14 PM

Professor Emeritus of Petroleum Economics, Prof. Wumi Iledare, has urged Nigeria to move beyond merely producing hydrocarbons and instead convert its oil wealth into lasting economic value. Speaking in Abuja, according to ThisDay Live, the foremost petroleum economist argued that the country must deliberately pursue strategies that translate its petroleum resources into broader, sustainable benefits for the economy rather than relying solely on crude production and exports.

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Nigeriaoilpetroleum economicsWumi Iledareeconomic value

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