
Soaring Oil Price, Great Opportunity For Nigeria – Buhari
As crude oil prices continue to soar above $100 per barrel, the President of Nigeria, Muhammadu Buhari has declared that there wouldn’t be any excuse for Nigeria not to reap the gains, especially with the current Petroleum Industry Act (PIA).
Africa Daily News, New York reports that was coming at a time when petrol scarcity has worsened as marketers increase the price above the N165 approved rate.
Buhari made the comments on Monday at the opening ceremony of the 5th edition of the Nigeria International Energy Summit (NIES 2022) at the State House Abuja.
He said, ‘Crude oil …