Middle-East crisis: How Naira-for-crude policy guarantees supply security in Nigeria

By Temitope Ajayi President Bola Tinubu demonstrated foresight in July 2024, when he approved the use of the naira as the payment currency for crude oil supplied by the NNPC to the Dangote Refinery. Since the launch of the naira-for-crude initiative on October 1, 2024, Nigeria has experienced a strategic breakthrough amid the ongoing economic turmoil resulting […] The post Middle-East crisis: How Naira-for-crude policy guarantees supply security in Nigeria appeared first on Vanguard News.

By Emmanuel Okogba