Oil price volatility threatens Nigeria’s economy, NMDPRA Chief warns

As global rude oil prices remain on a downward spiral, the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, on Tuesday, sounded the alarm on the ripple effect such instability could have on Nigeria’s economy. Speaking at a “Meet-the-Press” briefing organised by the Presidential Communications Team at the…

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