Oil and Gas Companies Job Cuts Hit 350,000

Workers in Nigeria’s multi-billion dollars oil and gas industry have resorted to spiritual help, as job cuts by international oil companies (IOCs) and their local counterparts in their global services, including hit an all-time of high of 350,000. The gale of sack commenced in 2014 till when crude prices started to fall till date. The situation, a source in one of the major oil companies told...

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