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Petrol marketers in Nigeria may resort to selling fuel in dollars if the proposed Naira-for-crude oil deal fails, according to the Independent Petroleum Marketers Association of Nigeria (IPMAN). The warning comes amid concerns over the Nigerian government’s efforts to stabilize the exchange rate and ensure a steady fuel supply…
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Nigerian Fuel Prices in Jeopardy: Petrol Marketers May Switch to Dollar Sales if Naira Deal Fails
Petrol marketers in Nigeria may resort to selling fuel in dollars if the proposed Naira-for-crude oil deal fails, according to the Independent Petroleum Marketers Association of Nigeria (IPMAN). The warning comes amid concerns over the Nigerian government’s efforts to stabilize the exchange rate and ensure a steady fuel supply…