Data from the National Bureau of Statistics shows Nigeria’s oil sector recorded an average daily production of 1.56 million barrels of oil per day, leading to a contraction of 8.89 per cent in 2020 compared to a growth rate of 4.59 per cent in 2019. Meanwhile investment bank, Goldman Sachs says it expect Brent crude to reach $70 by the second quarter and $75 by the third quarter of the year. Oyeyemi Oke, Oil and Gas Lawyer and Partner at A02 Law joins CNBC Africa for an outlook on Nigeria’s oil sector.