Nigeria: Rising oil prices will test govt’s ability to pay increasing petrol subsidy

Nigeria: Rising oil prices will test govt’s ability to pay increasing petrol subsidy
04 May 2016, Houston, Texas — Recent increases in the global prices of crude oil to an average of $45 per barrel could become some sort of test on Nigeria’s ability to cover for the differential in the open market price of imported refined petrol and the regulated domestic pump prices of the product. According to […] More »
Nigeria: Rising oil prices will test govt’s ability to pay increasing petrol subsidy Nigeria: Rising oil prices will test govt’s ability to pay increasing petrol subsidy Reviewed by Crude Oil Facilitators on 20:43 Rating: 5

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