naira-for-crude deal

  1. Fuel Prices May Drop as Nigeria Starts Naira-for-Crude Agreement

    Nigeria Fuel Prices May Drop as Nigeria Starts Naira-for-Crude Agreement

    As Nigeria marks its 64th Independence Day, the Naira-for-crude deal between the Federal Government and Dangote Refinery is set to reduce fuel prices. Industry leaders expect the agreement to boost the Naira and lower transportation costs, though Nigerians continue to grapple with economic...
  2. Naira-for-Crude Deal Begins at Dangote Refinery, Fuel Price Reductions Expected

    Nigeria Naira-for-Crude Deal Begins at Dangote Refinery, Fuel Price Reductions Expected

    The Dangote Refinery will begin receiving crude oil in naira from the NNPC starting October 1, 2024. This initiative aims to ease pressure on the naira and ensure a steady petroleum product supply. Modular refineries call for inclusion in the scheme, as Nigerians anticipate potential reductions...
Back
Top