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Nigeria faces revenue risk as Trump signals Venezuela crude revival -

JANUARY 05, 2026

..OPEC+ pauses output increase Nigeria's N58.18 trillion ($41.5 billion) 2026 budget, anchored on a $64.85 per barrel crude oil benchmark, faces mounting pressure as President Donald Trump's intervention in Venezuela threatens to unleash a flood of new crude supplies onto an already oversupplied global market. 

Trump's announcement Saturday that U.S. oil companies would invest billions to rebuild Venezuela's energy infrastructure following the capture of President Nicolas Maduro has sent ripples through oil-depen

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