The naira-for-crude deal and declining global oil prices are expected to reduce petrol prices in Nigeria, providing relief for consumers
Naira-for-crude deal
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Nigeria’s Federal Government has started delivering 400,000 barrels of crude oil daily to the Dangote Refinery under the naira-for-crude deal
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The naira-for-crude deal delay leaves Nigerian refineries waiting for crude oil supply, as officials remain silent beyond the Oct. 1 start date