Naira Use For Crude Oil Transaction Conceived To Remove Exchange Rate Barrier — Tinubu

Naira Use For Crude Oil Transaction Conceived To Remove Exchange Rate Barrier — Tinubu …C0NTINUE READING HERE >>>

President Bola Tinubu has commended the committee on the implementation of Naira-based sales of crude oil and refined products and asked the members to resolve any teething problems arising from the policy.

Tinubu, in a review meeting at the State House, according to a statement by his spokesman, Bayo Onanuga, said using the Naira in the transaction of oil sale was conceived to remove the exchange rate hurdle.

“Whatever solution we proffer in crude oil and refined products sales…

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