Nigerias oil reserves drop by 961 million barrels #

That's a significant drop! According to reports, Nigeria's oil reserves have indeed decreased by 961 million barrels, which is a substantial decline. This development may have significant implications for the country's economy, particularly in terms of revenue generation and its ability to meet its energy demands.

Can you tell me more about the context behind this drop? Was it due to natural depletion, reduced exploration, or some other factor?