Naira-for-crude: LCCI reveals solution to crash fuel price in Nigeria

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Naira-for-crude: LCCI reveals solution to crash fuel price in Nigeria
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The Lagos Chambers of Commerce and Industry said that the Nigerian government should supply crude oil to Dangote Refinery at N1000 per dollar exchange to crash the price of Premium Motor Spirit (petrol). The President of LCCI, Gabriel Idahosa disclosed this in a statement on Friday.

The Lagos Chambers of Commerce and Industry said that the Nigerian government should supply crude oil to Dangote Refinery at N1000 per dollar exchange to crash the price of Premium Motor Spirit . The President of LCCI, Gabriel Idahosa disclosed this in a statement on Friday.

recalls that the Nigerian government confirmed that it has begun the Naira-for-crude sale with Dangote Refinery. At the official Foreign exchange market, the Naira stood at N1641.27 per dollar on Friday.

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