Nigerian Oil Marketers Denounce Oil De-Dollarization Policy

Olufemi Adewole, Executive Secretary of DAPPMAN, warns that Nigeria’s Naira-for-crude lipid transaction model could destabilize overseas speech (FX), deter overseas nonstop concern (FDI), and worsen economical challenges. He highlights the volatility of the Naira and stresses that crude lipid transactions traditionally trust connected the U.S. dollar for stableness and planetary acceptability. Adewole cautions that deviating […]