Exempt nigeria oil freeze kachikwu begs opec
It appears you're referring to a news article about Nigeria's oil minister, Ibe Kachikwu, requesting an exemption from the OPEC oil production freeze.
Here's a summary of the article:
In September 2016, the Organization of the Petroleum Exporting Countries (OPEC) agreed to freeze oil production at January 2016 levels to stabilize the global oil market. However, Nigeria, which is not a member of OPEC, was not included in the agreement.
Nigeria's oil minister, Ibe Kachikwu, has been seeking an exemption from the production freeze, citing the country's unique circumstances. Nigeria's oil production has been severely impacted by militant attacks on oil facilities and infrastructure, which have resulted in significant losses in production.
Kachikwu has argued that Nigeria's production levels are not comparable to those of other OPEC member countries, and that an exemption would allow the country to recover from the losses caused by the attacks. He has also emphasized the importance of Nigeria's oil industry to the country's economy and the need for the country to maintain its production levels to meet its economic needs.
OPEC has been considering Nigeria's request, but has not yet made a decision. The organization has emphasized the need for all member countries to adhere to the production freeze agreement, but has also acknowledged Nigeria's unique circumstances.
It's worth noting that Nigeria's request for an exemption has been met with skepticism by some analysts, who argue that the country's production levels are not significantly impacted by the production freeze and that an exemption would undermine the agreement's effectiveness.