The Nigerian National Petroleum Corporation (NNPC) is about to secure a $2.5 billion Pipe-line Financing agreement from China in the next six months.
Whilst this is bad news on a global scale, Nigerian may inadvertently stand to benefit from it, albeit in the short term.
Following the recent attack on two oil facilities in Saudi Arabia, there are indications that oil prices could go as high as $100, as witnessed six years ago.
