LOCAL REFINERIES TO PAY FOR CRUDE OIL IN NAIRA
The Federal Government has complied with the demands of domestic crude oil refiners and other operators in the sector after it declared on Monday that indigenous refineries can now buy crude oil in naira or dollars. It also declared that the total crude oil and condensate reserves in Nigeria increased to 37.5 billion barrels as of January 1, 2024, with a life index of 68.01 years. The chief executive of […]